Joint Statement on Supervisory and Enforcement Practices Regarding the Mortgage Servicing Rules in Response to the Continuing COVID-19 Pandemic and CARES Act | 17
The appropriate mortgage services is necessary because of the growing issue occurring in the COVID-19 pandemic and CARES Act. The joint statement alerts the industry that the supervisory flexibilities outlined in last year's mortgaging servicing rules no longer apply.
Learn more in the link provided.
https://www.fdic.gov/news/financial-institution-letters/2021/fil21073.html