Browsing: RESPA

Mortgage ABA comments on RESPA guidance

In the letter, ABA called on the bureau to rescind and revise the advisory opinion and reissue it for comment from all segments, including lenders, borrowers and settlement service providers. ABA also recommended that the bureau devote broader attention to reviewing and reforming the entirety of RESPA’s Section 8 provisions.


Consumer Financial Protection Bureau Acting Director Mick Mulvaney announced today that the bureau will drop its case against mortgage lender PHH Corp.

Compliance and Risk

A federal appeals court today upheld the constitutionality of the Consumer Financial Protection Bureau’s leadership structure — a single powerful director who can be removed by the president only “for cause,” not at will — reversing a three-judge panel’s decision in 2016.

Legal Courts Stay Strong on Statute of Limitations

The laws surrounding the federal statute of limitations have been well established for years. But recently, the SEC and CFPB have attempted to go back on years of legal jurisprudence and upend those laws.


The full D.C. Circuit Court of Appeals today agreed to hear the appeal in PHH Mortgage v. Consumer Financial Protection Bureau, a closely watched case over whether the CFPB’s leadership structure — a single powerful director who cannot be removed at will by the president — is constitutional.

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