MBA Joint Letter on LEP to CFPB Regarding Regulation X Proposal
2024
Comment Letters
Consumer Financial Protection Bureau (CFPB)
Government Lending
Government Servicing
Policy Issue
Residential
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Residential Mortgage Professionals
- Working For: Community Bank Professionals
- Working For: Credit Unions Professionals
- Working For: Independent Mortgage Bankers
- Working For: Accounting and Financial Management Professionals
- Working For: Loan Administration Professionals
- Working For: Loan Production Professionals
- Working For: Real Estate Law and Regulatory Compliance Professionals
- Working For: Secondary and Capital Markets Professionals
- Working For: Technology Professionals
- Commercial/Multifamily Professionals
- mPower for Women
- mPact: MBA's Network for Young Professionals
- Diversity, Equity, and Inclusion
- Technology Resource Center
- Compliance Resources
- Disaster Recovery
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The undersigned associations are writing to encourage the Bureau to consider, as part of the proposed Regulation X mortgage servicing rule, practical ways to provide language assistance to borrowers with limited English proficiency (“LEP”).
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