Chester County News and Community Website
WASHINGTON, D.C. — the Consumer Financial Protection Bureau (CFPB) says that numerous student loan borrowers have recently submitted complaints about companies promising student loan forgiveness or loan forbearance in exchange …
Consumer Advisory: Don’t Give Money or Information to Scammers Promising Student Loan Forgiveness Read More
WASHINGTON, D.C. — On Friday, the Consumer Financial Protection Bureau (CFPB) released a bulletin detailing student loan servicers’ obligation to halt unlawful conduct regarding borrowers’ eligibility and benefits under the …
CFPB Steps Up Scrutiny of Student Loan Servicers That Deceive Borrowers About Public Service Loan Forgiveness Read More
WASHINGTON, D.C. — The U.S. Department of Education has announced stronger standards for performance, transparency, and accountability for its student loan servicers aimed at protecting borrowers. Six loan servicing companies …
U.S. Department of Education Increases Servicer Performance, Transparency, and Accountability Before Loan Payments Restart Read More
WASHINGTON, D.C. — The Federal Housing Administration (FHA) on Friday announced streamlined COVID-19 Recovery options to help homeowners with FHA-insured mortgages who have been financially impacted by the COVID-19 pandemic bring …
Federal Housing Administration Announces Additional COVID-19 Recovery Options for Homeowners Read More
WASHINGTON, D.C. — The Department of Veterans Affairs is offering a new COVID-19 Refund Modification option to assist Veterans who require a significant reduction in their monthly mortgage payments because of …
VA Announces New Options to Help Veterans Avoid Foreclosure Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) this week finalized amendments to the federal mortgage servicing regulations to reinforce the ongoing economic recovery as the federal foreclosure moratoria …
CFPB Issues Rules to Facilitate Smooth Transition as Federal Foreclosure Protections Expire Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is warning mortgage servicers to take all necessary steps now to prevent a wave of avoidable foreclosures this fall.
CFPB Compliance Bulletin Warns Mortgage Servicers: Unprepared is Unacceptable Read More