CUNA Asks CFPB for Further Reg Relief

In a comment letter to the CFPB, CUNA has asked that the Bureau consider additional regulatory relief from the TILA/RESPA mortgage servicing requirements in the form of adding exceptions to the 120-day delinquency rule, clarifying the process for force-placing insurance, raising the loan limit for “small institutions” from 5,000 to 10,000 loans, and expanding the scope of the successors in interest rule. [3/17/15]