Dealing with Deceased Borrowers Since the 2016 Mortgage Servicing Rule
Jimerson Firm
MAY 12, 2021
In 2016, the Consumer Financial Protection Bureau (“CFPB”) issued a final rule—referred to as the 2016 Mortgage Servicing Rule —that clarified, revised, and amended several provisions in the 2013 Mortgage Servicing Rules. When a borrower dies, lenders are often left wondering what to do. Conclusion. Calhoun, Esq.
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