CFPB Crusade Continues: Mortgage Servicers and "Junk Fees"

Continuing its vigorous effort to eliminate so-called “junk fees,” and detailing other problematic mortgage servicer activities, the Consumer Financial Protection Bureau (CFPB) recently released its Spring 2024 Supervisory Highlights, Mortgage Servicing Edition (Supervisory Highlights). This deliverable comes almost a year after the CFPB identified concerns about illegal fees charged by mortgage servicers in its Winter 2023 Supervisory Highlights Junk Fees Special Edition....
By: Husch Blackwell LLP

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