The Consumer Financial Protection Bureau’s proposed rules would require mortgage servicers to give all borrowers standardized monthly statements, warn borrowers about interest rate or insurance changes, improve record-keeping, and  give borrowers options to avoid losing their homes

The agency said it will formally propose the rules this summer and finalize them by January 2013.  Read more…

Related posts:

  1. The Reluctant Landlords
  2. Joe Arpaio, MCSO Investigation may not Lead to Indictment
  3. Joe Arpaio, Andrew Thomas and the Hunt for Judge Gary Donahoe
  4. California Court Rules Red Light Camera Evidence is Hearsay & Not Admissible as Evidence
  5. Three Judge Panel Rules Divorcing Couple’s Chihuahua is Wife’s Separate Property
  6. Obama Administration Changing Policies to Allow Illegals to Avoid Deportation
  7. Mesa Drafts Medical Marijuana Dispensary Rules
  8. Index Shows a Decline on Home Prices
  9. Red-light Cameras Go Dark Across California
  10. Brewer Appeals Immigration Law to US Supreme Court