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"The CFPB needs to provide additional clarity on how a &amp;ldquo;rolling delinquency&amp;rdquo; triggers the 120-day delinquency period required before a mortgage servicer can begin foreclosure under the bureau&amp;rsquo;s mortgage servicing rule, the American Bankers Association said. A rolling delinquency occurs when a delinquent borrower resumes making some payments but never becomes current on the loan..."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.insidemortgagefinance.com/issues/imfpubs_irs/25_22/news/rolling-delinquency-120-day-rule-1000029499-1.html>