Send this to a friend

New rules aimed at helping homeowners

By Jennifer Liberto, CNN

Giving homeowners more information on outstanding balances and pending interest rate changes is the aim of new rules for mortgage servicers proposed Friday by the Consumer Financial Protection Bureau.

The rules, a first for the entire mortgage servicing industry, would also require servicers to respond to homeowners' calls for information or complaints within 5 days. No such rules exist now.
Fields marked in red are required
Your name
Your email
Recipient addresses
(Separate multiple addresses with commas)

Personal message

ADVERTISEMENTS
Copyright 2014 New England Business Media