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Jan 8, 2025 | 
jdsupra.com | Christian Hancock |Jonathan Kolodziej
On December 17, 2024, amid a flurry of activity by the Consumer Financial Protection Bureau (CFPB), the agency released an Issue Spotlight discussing “problems with mortgage companies” that homeowners face “after divorce or [the] death of a loved one.” The report relies on consumer complaints that have been submitted through the CFPB’s complaint portal to illustrate “the most common problems homeowners encounter with mortgage servicing companies” in these scenarios.
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Jan 7, 2025 | 
natlawreview.com | Jonathan Kolodziej
On December 17, 2024, amid a flurry of activity by the Consumer Financial Protection Bureau (CFPB), the agency released an Issue Spotlight discussing “problems with mortgage companies” that homeowners face “after divorce or [the] death of a loved one.” The report relies on consumer complaints that have been submitted through the CFPB’s complaint portal to illustrate “the most common problems homeowners encounter with mortgage servicing companies” in these scenarios.
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Nov 21, 2024 | 
natlawreview.com | Jonathan Kolodziej
On Thursday, November 21, 2024, the Consumer Financial Protection Bureau (CFPB) published a final rule that will soon provide it with supervisory authority over large companies in the general-use digital consumer payment applications market.
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Jul 10, 2024 | 
natlawreview.com | Jonathan Kolodziej |Jason Bushby |Anand Gupta |Mitchell Robert Berry
Skip to main content July 10, 2024 Volume XIV, Number 192 Legal Analysis. Expertly Written. Quickly Found.
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Jul 10, 2024 | 
natlawreview.com | Jonathan Kolodziej
Skip to main content July 10, 2024 Volume XIV, Number 192 Legal Analysis. Expertly Written. Quickly Found.
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Jul 2, 2024 | 
jdsupra.com | Jonathan Kolodziej
In a consent order with a reverse mortgage servicer on June 18, 2024, the Consumer Financial Protection Bureau (CFPB) made the argument that failing to effectively service loans is abusive. The groundwork for this line of thinking was laid out by the current CFPB administration through various statements and guidance documents, but the public order represents the first time it was formally put in action against a loan servicer.
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Jul 1, 2024 | 
natlawreview.com | Jonathan Kolodziej
In a consent order with a reverse mortgage servicer on June 18, 2024, the Consumer Financial Protection Bureau (CFPB) made the argument that failing to effectively service loans is abusive. The groundwork for this line of thinking was laid out by the current CFPB administration through various statements and guidance documents, but the public order represents the first time it was formally put in action against a loan servicer.
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May 2, 2024 | 
jdsupra.com | Jason Bushby |Jonathan Kolodziej
While the Spring 2024 Supervisory Highlights report issued by the Consumer Financial Protection Bureau (CFPB) largely covered loss mitigation deficiencies and fee practices — issues that are regulatory priorities and, therefore, top of mind for mortgage servicers — two potentially under-the-radar findings outlined in the report are actually noteworthy and merit further analysis.
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May 1, 2024 | 
natlawreview.com | Jonathan Kolodziej
While the Spring 2024 Supervisory Highlights report issued by the Consumer Financial Protection Bureau (CFPB) largely covered loss mitigation deficiencies and fee practices — issues that are regulatory priorities and, therefore, top of mind for mortgage servicers — two potentially under-the-radar findings outlined in the report are actually noteworthy and merit further analysis.
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Feb 15, 2024 | 
bradley.com | Jonathan Kolodziej
MBA’s Servicing Solutions Conference & Expo
Register
Thursday, February 22, 2024
1:00 PM-2:00 PM EST
The mortgage servicing rules that were implemented after the financial crisis to prevent foreclosure were paper driven. Now, the Bureau endeavors to modernize Regulation X to recognize the advancements in technology and wide use of ‘streamline’ loss mitigation solutions implemented during the pandemic. This panel discusses the risks, challenges, and benefits of modernization.
