CFPB, FHFA to share servicing info

Apr 16, 2020

The Consumer Financial Protection Bureau and Federal Housing Finance Agency launched a joint initiative to share servicing information during the COVID-19 emergency.

Under the Borrower Protection Program, the CFPB will make complaint information and analytical tools available to FHFA via a secure electronic interface. Meanwhile, the FHFA will make available to the bureau information about forbearances, modifications and other loss-mitigation initiatives undertaken by Fannie Mae and Freddie Mac.