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Freddie Mac gets approval to buy second mortgages on single-family homes
Consumer Affairs· 20 hours agoFederal regulators have granted conditional approval to a plan by Freddie Mac to purchase second...
Federal Agencies Finalize Automated Valuation Model Rule | JD Supra
JD Supra· 24 hours agoThe AVM rule, initially proposed in June 2023 and discussed here, aims to implement the quality control standards mandated by the Dodd-Frank Wall Street Reform and Consumer
Companies Using AI for Home Appraisals Hit With Final Rule
Bloomberg Law· 1 day agoA rule from the Consumer Financial Protection Bureau and five other regulators aimed at reducing ...
CFPB Finalizes New Rule to Monitor Nonbank ‘Repeat Offenders’ | JD Supra
JD Supra· 7 days agoThe Consumer Financial Protection Bureau (CFPB) recently finalized its proposed rule to create a so-called “Repeat ...
Overview of the CFPB's Proposed Open Banking Rule and Final Industry Standard Setting Rule | JD...
JD Supra· 5 days agoThe financial services and banking industry landscape continues to evolve in the face of new and emerging technologies. This phenomenon is especially prevalent in the sharing ...
JD Supra: CFPB Q1 Circular Recap: Essential Takeaways for Mitigating UDAAP Risk to Remittance...
JD Supra· 2 days agoIn the first quarter of 2024, the Consumer Financial Protection Bureau (CFPB) issued two Consumer
CFPB Settles with Nonbank Mortgage Originator for $4 Million | JD Supra
JD Supra· 2 days agoOn June 18, 2024, the Consumer Financial Protection Bureau (CFPB) announced that it has filed a proposed order that ...
CFPB Proposes Fine Against Freedom Mortgage
RISMedia Real Estate News· 5 days agoThe Consumer Financial Protection Bureau (CFPB) has issued a proposed $3.95 million fine against Florida-based mortgage lender Freedom Mortgage. The
Federal regulators approve final rule for AVM usage - HousingWire
HousingWire· 5 days agoOn Thursday, two U.S. regulators — the Office of the Comptroller of the Currency (OCC) and the...
Troutman Pepper Weekly Consumer Financial Services Newsletter - June 2024 # 3 | JD Supra
JD Supra· 7 days agoOn June 14, the Consumer Financial Protection Bureau (CFPB) announced that its so-called “Payday, Vehicle Title and ...