In a new post on the NAFCU Compliance Blog, Regulatory Compliance Counsel David Park discusses one of the two foreclosure prohibitions contained in the loss mitigation rules – section 1024.41(g) in Regulation X – as interpreted by the U.S. Court of Appeals for the Eleventh Circuit decision in Landau v. Roundpoint Mortgage Servicing Corporation.
Rescheduling Foreclosure Sales Under Reg X – Credit Union Collections – Foreclosure – Bankruptcy
More Stories
Ally Keeps Growing as Auto Loan Delinquencies and Losses Edge Higher
When a Car Is Obtained Through Fraud, Is It Counted as Stolen?
Credit Union Employee Accused of Stealing from the Dead
Credit Union Promoted Employee Despite Fraud Warnings — Then Collapsed Under $3.5 Million in Losses
The New Normal? Auto Loan Delinquencies May Have Found Their Floor
When the Auto Loan Outlives the Car