CFPB Medical Debt Rule Could See Delay, Reconsideration
President Trump orders agencies to potentially reopen comments on new rules
President Trump orders agencies to potentially reopen comments on new rules
The CFPB says the rule will produce 22,000 more mortgages each year, but some disagree with its premise
The final rule concerns lenders that offer digital payment apps and handle more than 50 million transactions per year.
Borrowers in default are provided more flexible communication and scheduling options
The rule could affect mortgage originators who work with property investors.