Throw a dart on to a map of the United States, and you are likely to hit a hot housing
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The Consumer Financial Protection Bureau (CFPB) recently modified the periodic statement requirements for bankruptcy scenarios and successors in interest—and they
...Continue readingTreasury Department Keeping a Keen Eye on Banks and Cryptocurrencies
Major new regulatory requirements are in the pipeline courtesy of the U.S. Department of the Treasury, and staying current—and avoiding
...Continue readingNew Mortgage Servicing Rules Focus on Foreclosures, Communications
The Consumer Financial Protection Bureau (CFPB) implemented changes to its new Mortgage Servicing Rule in mid-October, and the updates affect
...Continue readingLoan Origination Compensation: Pay Is Up, and So Is Scrutiny
Loan officers get paid more when they work for independent mortgage bankers than when they work for banks, according to
...Continue readingCHOICE Act Would Drastically Reduce CFPB Regulatory and Enforcement Powers
The Financial CHOICE Act may turn out to be the knight that slays the Consumer Financial Protection Bureau (CFPB), but
...Continue readingThe TRID Final Rule Leaves Lenders in Limbo
Mortgage lenders continue to fear violating the disclosure requirements of the Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosure Rule
...Continue readingAs Trump Takes Aim at Consumer Protections, Lending Regulators Dig In
Mortgage lenders are bracing for the impact of the new Home Mortgage Disclosure Act (HMDA) Rule, which will require lenders
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