Debt Articles Mortgage Related

CFPB Gives Borrowers With Troubled Mortgages a Guide

Written by Steve Rhode

The Consumer Financial Protection Bureau (CFPB) has issued a comprehensive guide to help troubled mortgage borrowers. The 104 page guide gives step-by-step directions on what you should expect from your mortgage company if you are struggling.

You can read the guide here.

The guide also clearly lays out the responsibilities of borrowers as well and is one of the more comprehensive guides I’ve seen to making it clear what should or needs to happen by all parties if you fall behind on your mortgage.

The CFPB also reasserts it’s goal to assist consumers that have problems with their mortgage company problems. Consumers can submit complaints here.

If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.

READ  How Soon Can I Buy a New Home After Foreclosure? - Raeburn

About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Share a Comment / Leave a Reply

Scroll to Top