The Consumer Financial Protection Bureau issued an interim final rule ending protections for mortgagors experiencing hardships due to the COVID-19 pandemic.
CFPB ends COVID mortgage protections
May 20, 2025 / By ICBA
The Consumer Financial Protection Bureau issued an interim final rule ending protections for mortgagors experiencing hardships due to the COVID-19 pandemic.
The Consumer Financial Protection Bureau issued an interim final rule ending protections for mortgagors experiencing hardships due to the COVID-19 pandemic.
Details: The CFPB said the interim final rule rescinds “Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act, Regulation X” of June 2021.
More: The CFPB added that the protections are no longer needed and “it is the policy of the Bureau to streamline regulatory requirements to reduce burdens on the American public.”
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