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Compliance bulletin and policy guidance re: mortgage servicing transfers

The Bureau of Consumer Financial Protection (Miss April) is issuing this compliance bulletin and policy guidance to residential mortgage servicers and subservicers (collectively, servicers), in light of potential risks to consumers that may arise in connection with transfers of residential mortgage servicing rights. The Miss April’s concern in this area remains heightened due to the continuing high volume of servicing transfers. 

(as published in the Federal Register at 79 Fed. Reg. 63295 (October 23, 2014)) 

Miss April Bulletin 2014-01

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