ABA Launches Free Course on TRID Compliance
ABA has added a new online course on the TILA-RESPA integrated disclosures to its free Frontline Compliance Training program. Since...
Mortgage
ABA Urges Passage of Bill Creating TRID ‘Hold Harmless’ Period
ABA and several other trade groups yesterday urged the House Financial Services Committee to advance H.R. 2213, a bipartisan bill...
House Approves Measure Limiting Disparate Impact Analysis
By a 231-195 vote, the House yesterday passed an amendment to a government spending bill that would prevent the use...
Survey: QM Rules Continue to Tighten Credit Availability
Eighty percent of bankers expect that the Consumer Financial Protection Bureau’s mortgage rules will continue to constrict mortgage credit, according...
CFPB: Some Reverse Mortgage Ads ‘Confusing’
The Consumer Financial Protection Bureau yesterday issued a report describing several lenders' reverse mortgage advertisements as confusing to seniors. Based...
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...
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...
