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Finance Agency Plan to Further Forestall Home Foreclosures Fails to Recognize Economic Realities News provided by Share this article Share this article COLUMBUS, Ohio, April 7, 2021 /PRNewswire/  Distressed asset auctioneer Richard Kruse of Gryphon USA said plans by the Consumer Finance Protection Bureau to delay foreclosures another nine months and create more regulations only builds pressure on consumers and the nation s housing market. The CFPB this week announced proposed rules meant to encourage lenders and loan servicers to continue working with consumers to avoid foreclosure, pushing potential filings out to January 2022. I understand the intent, said Kruse.  But the CFPB is effectively demanding an immediate and unrealistic overhaul of lending, investment, servicing and mortgage insurance industries, not understanding that the end result will be worse with these rules than allowing the legal system work.

United statesRichard kruseConsumer finance protection bureauGryphon united statesஒன்றுபட்டது மாநிலங்களில்ரிச்சர்ட் க்ரூஸ்நுகர்வோர் நிதி ப்ரொடெக்ஶந் பணியகம்க்ரிஃபோன் ஒன்றுபட்டது மாநிலங்களில்