Although interest accrued on the loan, Sollberger stopped receiving account statements and making interest payments after the first quarter of 2005, less than one year into the seven-year loan term.

FORBES: Sometimes You Should Just Pay The Tax

After the first quarter of 2005, Sollberger stopped receiving account statements, and he stopped making interest payments.

FORBES: Sometimes You Should Just Pay The Tax

The rules the CFPB is considering would require servicers to provide clear monthly mortgage statements, with a detailed breakdown of payments and alerts about how to get help if the borrower is falling into trouble.

WSJ: Servicers Face More Rules