ARTICLE
28 April 2016

CFPB Solicits Further Comment On Proposed Periodic Statement Forms For Consumers In Bankruptcy

CW
Cadwalader, Wickersham & Taft LLP

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The Consumer Financial Protection Bureau ("CFPB") seeks further comment on a proposed report summarizing consumer tests of sample periodic form statements that must be provided by servicers...
United States Consumer Protection

The Consumer Financial Protection Bureau ("CFPB") seeks further comment on a proposed report summarizing consumer tests of sample periodic form statements that must be provided by servicers to mortgage borrowers in bankruptcy.

The CFPB noted that it already has received comments on the merits of other parts of the proposal, and specified that any additional comments on other matters will be considered outside the scope of this public comment request.

Comments on the report must be submitted by May 26, 2016.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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