Update on Mortgage Servicing Requirements When a Person is a Successor in Interest or a Debtor in Bankruptcy (MLB481S)

  Pre Recorded Webinar
  60 minutes

Compliantly Handle Servicing Scenarios Involving Bankrupt Debtors and Successors in Interest

The Consumer Financial Protection Bureau (CFPB) recently modified the periodic statement requirements for the bankruptcy scenario. On April 19, 2018, these requirements in Regulations X and Z regarding bankruptcy periodic statements and successors in interest became effective. If you are involved in mortgage servicing, you must know what to do when you have a bankrupt debtor or a successor in interest.

In this session, financial services attorney Chrys D. Lemon will provide a detailed look at the requirements for successors in interest and for debtors in bankruptcy. Lemon will provide detailed summaries, including easy-to-use guides and charts, for handling servicing scenarios involving bankrupt debtors and successors in interest. He will also use examples of how the rules apply in different situations so that you are fully prepared for the compliance.

Session Highlights

This session will answer your questions related to:

Who Should Attend

Anyone involved in mortgage servicing:

Watch the Video Snippet Before You Buy!

Chrys Lemon is a partner in McIntyre & Lemon, PLLC, in Washington, D.C. He specializes in financial services law, particularly related to marketing of consumer financial products and services, privacy law, insurance law, and regulation of financial institutions by the Consumer Financial Protecti... More info

Disclaimer: The content herein does not represent any association between CFPB and Eli Financial LLC. CFPB neither endorses any product of Eli Financial LLC nor warrants accuracy of the content hereto.

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