Alert August 21, 2012

CFPB Urges Consumer Participation Through Cornell’s Regulation Room

In conjunction with the release of its proposed mortgage servicing rules, the CFPB announced a partnership with Cornell University to educate the public on the rule-making process and facilitate commenting on proposed rules. Cornell launched the Regulation Room to allow members of the public to comment on the CFPB’s mortgage servicing proposal in an accessible and easy-to-understand format, including blog discussions and overviews of the proposals.