IBD: ‘About Time’ for Regulators to Clarify Disparate Impact
The financial regulators should move quickly to implement the Supreme Court’s guidance on using disparate impact to enforce fair lending...
Mortgage
Fannie, Freddie Affordable Housing Goals Finalized
The Federal Housing Finance Agency today finalized Fannie Mae and Freddie Mac’s 2015-2017 affordable housing goals.
CFPB Releases Index to TRID Compliance Questions
To help answer bankers’ compliance questions about the TILA-RESPA integrated disclosures, which take effect on Oct. 3, the Consumer Financial...
ABA Renews Call for TRID Transition Period
The Federal Financial Institutions Examination Council should “formally establish a transition period” in anticipation of the new TILA-RESPA integrated disclosures...
Second Circuit Revives FDCPA Class Action
The Second Circuit declared that the Court's ruling is the first to address the scope of the FDCPA’s “in connection...
ABA-Advocated Bills Rack Up Co-sponsors Before Recess
Thanks to banker grassroots advocacy, bills ABA is advocating as part of its Agenda for America’s Hometown Banks are racking...
ABA to Agencies: Put Court’s Disparate Impact Framework into Guidance
ABA today asked the financial regulators and law enforcement agencies to include in their guidance, exam procedures and appropriate regulations...
CFPB Study Finds ‘eClosings’ Beneficial to Consumers
Mortgage borrowers who had access to electronically viewed and signed documents at closing -- or “eClosings” -- felt more empowered,...
CFPB Issues Guidance on Canceling Private Mortgage Insurance
The Consumer Financial Protection Bureau today issued a bulletin outlining the obligations of servicers in handling private mortgage insurance under...
