ABA Banker: Rushing TILA-RESPA Integration Poses Risks to Customers
The rush to implement the TILA-RESPA integrated mortgage disclosures on Aug. 1 poses risks to customers, Cindy Lowman told a...
Mortgage
ABA Survey: TILA-RESPA Compliance Systems Not Ready
Mortgage bankers preparing for the implementation of the TILA-RESPA integrated disclosures are uncertain that they and their vendors will be...
FHFA to Revisit Affordable Housing Goals for FHLBs
After hearing from Federal Home Loan Banks that uncertainty about affordable housing goals is limiting their mortgage purchases from member...
Shelby’s Sweeping Financial Reform Bill Would Advance ABA Goals
Senate Banking Committee Chairman Richard Shelby (R-Ala.) today released a draft of a sweeping financial reform bill that would provide...
CFPB Warns Lenders to Consider Section 8 Voucher Income
The Consumer Financial Protection Bureau today issued a bulletin reminding creditors to include income from Section 8 homeownership vouchers when...
FHFA’s Watt Announces Final Extension of HAMP, HARP
Fannie Mae and Freddie Mac will participate in the federal government’s Home Affordable Modification Program and Home Affordable Refinance Program...
CFPB Declines Congressional Appeals for TILA-RESPA Grace Period
In an April 22 letter released today, Consumer Financial Protection Bureau Director Richard Cordray declined congressional appeals to provide a...
Fannie Mae Profits Improve in First Quarter
Fannie Mae today said that it earned net income of $1.9 billion in the first quarter. Like Freddie Mac’s report...
ABA Offers Free Resources for American Housing Month
In celebration of American Housing Month in June, ABA is offering a number of resources to help bankers promote consumer...
ABA-Supported Bill Would Delay Enforcement on TILA-RESPA Disclosures
Reps. Steve Pearce (R-N.M.) and Brad Sherman (D-Calif.) on Friday introduced H.R. 2213, which would provide lenders with a temporary...
