The CFPB today added six new regulations to its eRegulations website — an online platform that makes regulations easier to find, read and understand. The site now includes information on the Equal Credit Opportunity Act (Regulation B); alternative mortgage transaction parity (Regulation D); land registration (Regulation J); purchasers’ revocation rights, sales practices and standards (Regulation K); specific rules of practice (Regulation L); and consumer leasing (Regulation M).
ABA, associations endorse bill to ban abuse of mortgage trigger leads
ABA and 16 groups are urging lawmakers to pass legislation banning the practice of credit reporting firms selling consumer contact information to lenders who then barrage those same consumers with unwanted solicitations.