CFPB Corrects Disruptive Typo in TRID Rule
The Consumer Financial Protection Bureau yesterday issued a correction of a typo in the TILA-RESPA integrated disclosures.
Mortgage
Curry: OCC to Issue Guidance on Higher LTV Lending
The OCC will issue guidance in the coming months on managing risk for higher loan-to-value lending in communities targeted for...
GSEs Launch Dispute Resolution Process for Loan Repurchases
Fannie Mae and Freddie Mac today announced a new independent dispute resolution process for conflicts over mortgages that the housing...
ABA, ABIA, State Alliance Seek Clarity on Mandatory Flood Insurance
ABA, the American Bankers Insurance Association and 52 state bankers associations today wrote to Treasury Secretary Jack Lew urging him...
FTC Report Outlines Legal Risks, Benefits of ‘Big Data’
A new report from the Federal Trade Commission outlines several risks related to discrimination for companies using “big data” to...
IRS Accepts ABA Request for Resolution on Modified Loan Interest
The IRS has accepted a request by ABA to consider whether and how to report -- on IRS Form 1098,...
ABA, Trade Groups Concerned about Proposed FHFA Data Collection
ABA and several other trade associations yesterday expressed concern over the Federal Housing Finance Agency’s proposed collection of information for...
ABA Prevails on Asset Test for FHLB Membership
The Federal Housing Finance Agency today issued its final rule changing eligibility for membership in the Federal Home Loan Bank...
CFPB Seeks Feedback on Correcting HMDA Data Submissions
The Consumer Financial Protection Bureau has requested feedback on its guidelines for when financial institutions must resubmit erroneous Home Mortgage...
Agencies Warn about Rising Risks in CRE Lending
The federal banking agencies today issued a statement warning about eased commercial real estate loan underwriting and CRE risk management...
