The CFPB issued an interpretative rule clarify the Ability to Pay rule which went into effect in January. Surviving family members who inherit real estate may take over the mortgage or be considered for a workout.
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CFPB Clarifies Rule That Could Cause Heirs To Lose Their Homes
July 8, 2014 By
http://consumerist.com/2014/07/08/cfpb-clarifies-rule-that-could-cause-heirs-to-lose-their-homes/
