Bankers Group Asks CFPB To Ax Mortgage Statement Rule
By Cara Salvatore ( August 4, 2014, 6:31 PM EDT) -- The American Bankers Association is asking the Consumer Financial Protection Bureau to deep-six a rule that forces mortgage servicers to keep mailing out monthly home loan statements even when a loan has been charged off and to clarify other rules that servicers are finding hard to interpret....
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