CFPB and DOJ Remind Mortgage Services to Adhere to CARES Act Measures
The Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) issued two joint letters regarding important legal housing ...
Tag: CFPB
CFPB Issues Final Rule to Facilitate LIBOR Transition
The Consumer Financial Protection Bureau (CFPB) recently finalized a rule facilitating the transition away from the LIBOR interest rate index ...
CFPB on Halting False Identification by Background Screeners
The Consumer Financial Protection Bureau (CFPB) recently issued an advisory opinion affirming that consumer reporting companies, including tenant and employment ...
CFPB Issues Statement on Discontinuation of LIBOR
The Consumer Financial Protection Bureau (CFPB) joined four other federal financial regulatory agencies and state bank and credit union regulators ...
CFPB Report States Renters Are at Risk as COVID-19 Support Ends
The Consumer Financial Protection Bureau (CFPB) recently released a report warning that millions of renters and their families may be ...
Mortgage Servicers’ Pandemic Response Varies Widely
The Consumer Financial Protection Bureau (CFPB) published a report detailing 16 large mortgage servicers' COVID-19 pandemic response, including call handling ...
Cryptocurrency, Cyber Fraud Focus of Trump Task Force
On an executive order by President Trump, four agencies established the Task Force on Market Integrity and Consumer Fraud last ...
Regulatory Relief Bill Passes Congress – Is Mortgage Lending Freedom Ahead?
Change is coming to the mortgage industry in the form of lessened restrictions for many community banks, along with greater ...
Wells Fargo Fined $1 Billion for Abusive Insurance, Mortgage Practices
The government has handed down a $1 billion penalty to Wells Fargo for abusive consumer practices related to its administering ...
Industry Praises House Passage of TRID Improvement Bill
The housing industry is applauding the House passage of the TRID (TILA-RESPA Integrated Disclosure) Improvement Act of 2017 (H.R. 3978) ...
5 Key Reasons FSBOs Regret Not Using a Real Estate Agent
People don’t normally DIY it when a lawyer, electrician or other professional is needed. But some homeowners think selling their properties with no agent will save gobs of money on commissions. Read more.
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