The Consumer Financial Protection Bureau today released lists of rural counties and rural or underserved counties to use in 2016 in conjunction with the bureau’s Ability-to-Repay, escrow, HOEPA and appraisal rules. Rural counties were generally defined by using a U.S. Department of Agriculture classification system and underserved counties were defined by data collected under the Home Mortgage Disclosure Act, the CFPB said.
Republic First Bank closed in Pennsylvania
State regulators closed Republic First Bank, doing business under the Republic Bank brand, in Philadelphia, and appointed the FDIC as...