FEYERICK: No surprises, no run around, that's what some federal watchdogs are saying about proposed rules to help protect homeowners. Joining me from the New York Stock Exchange is Alison Kosik -- Alison.</s>ALISON KOSIK, CNN BUSINESS CORRESPONDENT: Deb, don't you hate getting the run around when it comes to your mortgage and trying to get information about your mortgage, well, that's what the Consumer Financial Protection Bureau is trying to avoid, giving you that run around. What there are doing is proposing these new rules to make the mortgage process easier for homeowners to understand, beginning with the mortgage statement itself, which can get kind of confusing when you look at it. That's not it. Servicers would have to give six to seven months advance warning before changes were made to your adjustable rate mortgage. There would also be early outreach if you're delinquent borrower. So those at risk borrowers wouldn't fall too behind. There would also have to be a faster fix for errors. Meaning mortgage servicers would have to respond to complaints of mistakes within five days. And finally, servicers would also have to post your mortgage payment to your account the day they get it instead of dillydallying and not posting it the day they get it. Now these are just proposed rules. They still have to go through a public comment period. When the rules are finalized, they could go into effect as early as the beginning of next year -- Deb.</s>FEYERICK: A little hope there for the homeowner. Thank you so much. Alison Kosik at the New York Stock Exchange. Well, if the view doesn't take your breath away, price tag certainly will. A $100 million for some prime New York real estate. We're going to be taking you on an exclusive tour.
New Rules Proposed To Help Homeowners