NHLP Submits Comments to the CFPB on Proposed Mortgage Servicing Rule

NHLP, Housing & Economic Rights Advocates, California Reinvestment Coalition, Public Counsel, and 10 other California legal advocacy organizations submitted comments on the Consumer Financial Protection Bureau’s proposed mortgage servicing rules. Our comments and suggestions focus on the continuing “widows and orphans” issue, servicing transfers, and other proposed changes and additions that will affect homeowners and successors-in-interest who inherit or take title to property through divorce, which helps to learn more about legal seperation in Arizona. The CFPB will likely finalize the rules later this year.

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