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New rules for reverse mortgages.. Senior homeowners who want to cash out equity with a reverse mortgage will have to play by new rules when applying for a loan after the end of this month.

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The CFPB issued a final rule in August 2016 amending its 2013 mortgage servicing rules in certain areas, including successors in interest, definition of delinquency, requests for information, force-placed insurance notices, early intervention, loss mitigation, prompt payment crediting, and periodic statements, and more.

Despite concerns regarding another possible government shutdown, the IRS is expected to get itself into gear for the upcoming tax season. While the overall risk of being audited is generally low, new.

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Resources to help industry understand, implement, and comply with the mortgage servicing rules. Featured topic On March 29, 2018, the Bureau updated the Small entity compliance guide to incorporate the changes made by the March 8, 2018, Mortgage Servicing final rule.

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