With regard to mortgages, the Consumer Finance Protection Bureau (CFPB) requires mortgage servicers

a. to contact borrowers who are 36 days late in making a payment.
b. to wait 180 days after nonpayment before beginning foreclosure.
c. to credit payments within 3 days after they are received.
d. to extend delinquent borrowers additional time to repay the loan.


a

Business

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