Chester County News and Community Website
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 …
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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 …
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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 …
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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 …
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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.
Read More WASHINGTON, D.C. — The Federal Housing Administration (FHA) has issued a series of waivers of provisions in its Single-Family Housing Policy Handbook 4000.1 that would normally require in-person contact between mortgage servicers and …
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WASHINGTON, D.C. — U.S. Secretary of Education Betsy DeVos recently announced the extension of the federal student loan administrative forbearance period, the pause in interest accrual, and the suspension of …
Read MoreWASHINGTON, D.C. — The Federal Housing Administration (FHA) this week published proposed revisions to its Single Family servicing policies that are designed to remove unnecessary barriers for homeowners seeking mortgage …
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WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has outlined practices to provide mortgage servicers clarity, facilitate compliance, and prevent harm to consumers during the transfer of residential mortgages.
Read MoreWASHINGTON, D.C. — The federal financial institution regulatory agencies and the state financial regulators issued a joint policy statement providing needed regulatory flexibility to enable mortgage servicers to work with …
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