On August 21, 2024, the Consumer Financial Protection Bureau
(CFPB) announced that it entered into a consent order
with a Florida-based mortgage servicer, resolving allegations
related to the mortgage servicer's foreclosure practices.
The consent order resolves allegations that the
mortgage servicer's foreclosure practices violated the Consumer
Financial Protection Act of 2010 (CFPA), 12 U.S.C. §§
5531, 5536; the Real Estate Settlement Procedures Act (RESPA), 12
U.S.C. §§ 2601-2617, and its implementing regulation,
Regulation X, 12 C.F.R. part 1024; the Truth in Lending Act (TILA),
15 U.S.C. §§ 1601-1667f, and its implementing regulation,
Regulation Z, 12 C.F.R. part 1026; the Homeowners Protection Act
(HPA), 12 U.S.C. §§ 4901-4910; and a 2017 consent order
the mortgage servicer had previously entered into with the
CFPB.
