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Chris Clow on the CFPB’s focus on reverse lending and servicing

HousingWire Daily

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Analysis of CFPB's focus on reverse lending and servicing in the mortgage industry

This chapter explores the CFPB's changing focus from forward servicers to reverse lending and servicing sides of the mortgage industry, citing a case involving Novad's servicing failure. Prominent insights on industry improvement and addressing staffing challenges are shared.

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