CFPB Mortgage Servicing Amendments Successors in Interest Webinar Slides
CFPB Mortgage Servicing Amendments Webinar Series
A significant portion of the CFPB’s recent amendments to the 2013 Mortgage Servicing Rules focuses on the protections afforded to individuals that acquire a legal interest in the home, known as “successors in interest.”
The second webinar in the series provides an in-depth look at all of the CFPB’s clarifications, revisions, and amendments related to successors in interest. Our presentation explains and analyzes the three main components of the CFPB’s successor in interest amendments:
- Definition of a “successor in interest”
- Successor in interest confirmation process
- Protections afforded to confirmed successors in interest
We also discuss the additional requirements imposed by these rules along with emerging areas of concern you will face as you implement the updates:
- Required policies and procedures
- Requirements specific to potential successors in interest
- Privacy considerations
Throughout the discussion we provide practical implementation tips based upon prior experience in this area.
Bradley Speakers:
Jonathan KolodziejJohn Harrelson
