ABA, Groups Welcome Amendment to Limit ‘Disparate Impact’
ABA and several housing groups today urged the House to pass an amendment that would prevent the use of disparate...
Mortgage
CFPB Offers Limited Assurances on TRID Enforcement
Consumer Financial Protection Bureau Director Richard Cordray told members of Congress yesterday that when enforcing the TILA-RESPA integrated mortgage disclosures...
New ABA Webpage Details FAQs on TRID
With the Aug. 1 TILA/RESPA integrated disclosure implementation date approaching soon and members facing questions about the complex new requirements,...
Supreme Court Ruling Protects Second Mortgage Holders
The Supreme Court today ruled unanimously against borrowers who sought to void second mortgages in Chapter 7 bankruptcy when their...
Des Moines, Seattle FHLBs Complete Merger
The Federal Home Loan Banks of Seattle and Des Moines, Iowa, today announced that their merger is complete. The combined...
First Tennessee Bank Pays $212.5M to Resolve FCA Allegations
First Tennessee Bank admitted to originating and underwriting loans that were not eligible for Federal Housing Administration insurance.
FHFA: HARP Refinances Surpass 3.3 Million
More than 544,000 borrowers in the first quarter refinanced their Fannie Mae or Freddie Mac mortgage loans, with about 31,600...
Fed Survey Finds Increasing Economic Optimism
Four in 10 U.S. households surveyed last fall said they were somewhat or much better off financially than they had...
Members of Congress Issue Bipartisan Call for TRID Grace Period
Hundreds of lawmakers wrote to the Consumer Financial Protection Bureau last week urging Director Richard Cordray to provide an enforcement...
