Servicing Rule Compliance Lapses Are Focus of CFPB Report
The Consumer Financial Protection Bureau yesterday issued a “Supervisory Highlights” report that outlined several areas of concern its examiners have ...
Tag: Servicing
Senate Democrats Seek Investigation of REO Maintenance Disparities
Fifteen Democratic senators today asked the federal financial regulators to look into allegations that financial institutions and the housing GSEs ...
ABA Supports Proposed State Standards for Nonbank Servicers
ABA strongly supports a set of prudential regulatory standards for nonbank mortgage servicers recently proposed by the Conference of State ...
Weekly Infobyte: Servicing after the CFPB Mortgage Rules
Since the CFPB's mortgage rules took effect, more banks are exiting servicing.
N.Y. State Envisions Penalties for Foreclosure Delays
Noting that the average New York state foreclosure takes more than 900 days—twice the national average—and that foreclosures account for ...
FDIC to Offer Teleconference on CFPB Mortgage Rules
The FDIC will hold a teleconference for bankers on the Consumer Financial Protection Bureau’s mortgage rules on May 21.
CFPB Issues Guidance on Housing Counseling Disclosure
The Consumer Financial Protection Bureau today issued an interpretive rule intended to help lenders comply with the requirement in its ...
OCC Updates Guidance on RESPA Compliance
The OCC today updated its Comptroller’s Handbook guidance on complying with the Real Estate Settlement Procedures Act and Regulation X.
