CFPB Issues Final Rule Amending Mortgage Servicing Rule
The Consumer Financial Protection Bureau today issued a 900-page final rule amending its mortgage servicing rules.
Mortgage
CFPB Issues Principles for Future of Loss Mitigation
The Consumer Financial Protection Bureau today outlined four principles that will guide its discussions on the future of loss mitigation...
FHFA Drops ABA-Opposed URLA Language Preference Question
Responding to calls from ABA and other trade associations, the Federal Housing Finance Agency yesterday announced that it will drop...
G-Fees Saw Modest Increases in 2015
The average single-family guarantee fees charged by Fannie Mae and Freddie Mac increased by two basis points in 2015 to...
Study: Improving Customer Service a Worthwhile Investment for Servicers
Improving the customer experience is worth the investment for mortgage servicers, according to the 2015 J.D. Power study of consumer...
Fed Survey: Tighter Credit Environment Dings Auto Loan Market
Bankers continued tightening credit for business loans and auto loans in the last three months while they continued to ease...
CFPB Proposes Amendments to TRID Rule
The Consumer Financial Protection Bureau today proposed certain changes to the TILA-RESPA integrated disclosures, including some advocated by ABA to...
Despite Student Debt, College Grads More Likely to be Homeowners
The benefits of obtaining a college degree may outweigh the burden of student loan debt when it comes to homeownership,...
FinCEN Expands Scope of Geographic Targeting Orders
The Financial Crimes Enforcement Network today expanded the scope of its Geographic Targeting Orders temporarily requiring certain U.S. title insurance...
Study: Community Banks Persist in Mortgage Servicing
Community financial institutions have expanded their share of the mortgage servicing market since 2008, even as new servicing rules and...
