The Consumer Financial Protection Bureau issued an interpretive rule to provide guidance to creditors and other persons involved in the mortgage origination process about the way in which the Bureau determines which counties qualify as “underserved” fo…
The Consumer Financial Protection Bureau issued an interpretive rule to provide guidance to creditors and other persons involved in the mortgage origination process about the way in which the Bureau determines which counties qualify as “underserved” for a given calendar year.
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-interpretive-rule-method-determining-underserved-areas/
The Consumer Financial Protection Bureau issued two Notices of Proposed Rulemaking to address the impending expiration of the Government-Sponsored Enterprises Patch (GSE Patch).
The Consumer Financial Protection Bureau issued two Notices of Proposed Rulemaking to address the impending expiration of the Government-Sponsored Enterprises Patch (GSE Patch).
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-steps-address-gse-patch/
The Consumer Financial Protection Bureau took steps to facilitate the transition away from LIBOR for consumers and regulated entities.
The Consumer Financial Protection Bureau took steps to facilitate the transition away from LIBOR for consumers and regulated entities.
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-facilitates-libor-transition/
The Consumer Financial Protection Bureau (Bureau) took steps to make it easier for consumers with urgent financial needs to obtain access to mortgage credit more quickly in the middle of the COVID-19 pandemic.
The Consumer Financial Protection Bureau (Bureau) took steps to make it easier for consumers with urgent financial needs to obtain access to mortgage credit more quickly in the middle of the COVID-19 pandemic.
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-paves-way-consumers-facing-financial-emergencies-access-mortgage-credit-quickly/
The Consumer Financial Protection Bureau announced a settlement with Cottonwood Financial, Ltd., which does business under the name Cash Store, on April 1, 2020.
The Consumer Financial Protection Bureau announced a settlement with Cottonwood Financial, Ltd., which does business under the name Cash Store, on April 1, 2020.
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-settles-short-term-lender-unfair-deceptive-acts-and-practices/
The Consumer Financial Protection Bureau (Bureau) filed a lawsuit in federal district court in the Northern District of Illinois against Fifth Third Bank, National Association (Fifth Third).
The Consumer Financial Protection Bureau (Bureau) filed a lawsuit in federal district court in the Northern District of Illinois against Fifth Third Bank, National Association (Fifth Third).
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-files-suit-against-fifth-third-for-allegedly-opening-unauthorized-accounts-enrolling-consumers-in-unauthorized-products/
The Consumer Financial Protection Bureau filed suit against Citizens Bank, N.A., a national banking association headquartered in Providence, Rhode Island.
The Consumer Financial Protection Bureau filed suit against Citizens Bank, N.A., a national banking association headquartered in Providence, Rhode Island.
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-action-against-citizens-bank/
The Consumer Financial Protection Bureau (Bureau) is requesting public comment on an assessment it will conduct on the TRID integrated disclosure rule (the Truth in Lending Act and Real Estate Settlement Procedures Act).
The Consumer Financial Protection Bureau (Bureau) is requesting public comment on an assessment it will conduct on the TRID integrated disclosure rule (the Truth in Lending Act and Real Estate Settlement Procedures Act).
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-to-assess-integrated-mortgage-disclosure-rule/
The Consumer Financial Protection Bureau (Bureau) issued today an interpretive rule clarifying screening and training requirements for financial institutions which employ loan originators with temporary authority. The rule will be effective on November…
The Consumer Financial Protection Bureau (Bureau) issued today an interpretive rule clarifying screening and training requirements for financial institutions which employ loan originators with temporary authority. The rule will be effective on November 24, 2019.
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-interpretitive-rule-screening-and-training-requirements-mortgage-loan-originators/
The Consumer Financial Protection Bureau today issued an Advance Notice of Proposed Rulemaking (ANPR) seeking information relating to the expiration of the temporary qualified mortgage provision applicable to certain mortgage loans eligible for mortgag…
The Consumer Financial Protection Bureau today issued an Advance Notice of Proposed Rulemaking (ANPR) seeking information relating to the expiration of the temporary qualified mortgage provision applicable to certain mortgage loans eligible for mortgages purchased or guaranteed by the Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac, in the Bureau’s Ability to Repay/Qualified Mortgage (ATR/QM) Rule.
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-releases-qualified-mortgage-anpr/
