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The CFPB is warning mortgage servicers to prepare to handle what could be a wave of foreclosures if they don’t take care of millions of families. This could be a huge mess and the CFPB is saying being unprepared is no excuse. This may be one of those “grab the popcorn and pull up a seat” moments in the mortgage industry. What’s your thoughts on the matter? Let us know in the comments below.

REGISTER for REMN’s Introduction to renovation lending webinar by clicking the image below. This will be a fast-paced, 30-minute introduction into Renovation Lending loan products; highlights and benefits; and an “eye opening” market snapshot. There’s much to cover! After the 30-minute training introduction, there will be an “optional” 30-minute Q&A session if you have time.