Modernizing the Loss Mitigation Rules of Regulation X

The mortgage servicing rules that were implemented after the financial crisis to prevent foreclosure were paper driven. Now, the Bureau endeavors to modernize Regulation X to recognize the advancements in technology and wide use of ‘streamline’ loss mitigation solutions implemented during the pandemic. This panel discusses the risks, challenges, and benefits of modernization.

Other Speakers: 

Samuel Racoosin
Anthony Forsberg
Jim Petros
Elizabeth Spring

For more information, view the agenda.