The American Bankers Association and Mortgage Bankers Association issued the following joint statement in response to the Consumer Financial Protection Bureau’s proposed rule, Streamlining Mortgage Servicing for Borrowers Experiencing Payment Difficulties; Regulation X:
Tag: CFPB
CFPB Reports on Mortgage Servicing Experiences During COVID-19 Pandemic
The most common problems distressed borrowers had during the COVID-19 Pandemic reflect difficulty accessing loss mitigation programs, the Consumer Financial Protection Bureau reported last week.
MBA Warns CFPB Against Unnecessary Reforms to Mortgage Rules
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Consumer Financial Protection Bureau’s (CFPB) blog post Friday morning on housing costs.
Officials Provide Updates on Repurchases, ADUs, Outlooks at MBA Annual
PHILADELPHIA–A slate of federal officials took to the stage to provide updates at the Mortgage Bankers Association’s Annual Convention & Expo here Oct. 16.
Officials Provide Updates on Repurchases, ADUs, Outlooks at MBA Annual
PHILADELPHIA–A slate of federal officials took to the stage to provide updates at the Mortgage Bankers Association’s Annual Convention & Expo here Oct. 16.
CFPB: Overall Mortgage Lending Falls Amid Rising Interest Rates, Discount Points
Mortgage applications and originations declined markedly in 2022 from the prior year, while rates, fees, discount points and other costs increased, the Consumer Financial Protection Bureau reported.
CFPB: Overall Mortgage Lending Falls Amid Rising Interest Rates, Discount Points
Mortgage applications and originations declined markedly in 2022 from the prior year, while rates, fees, discount points and other costs increased, the Consumer Financial Protection Bureau reported.
MBA Advocacy Update Sept. 25: FDIC Chairman Gruenberg Calls for Enhanced Prudential Standards and Increased Nonbank Reporting in Speech
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Advocacy Update Sept. 25: FDIC Chairman Gruenberg Calls for Enhanced Prudential Standards and Increased Nonbank Reporting in Speech
This week’s top legislative and policy news from the Mortgage Bankers Association.
Wednesday: Section 1071–A Practical Approach to Unpacking the CFPB’s Final Rule
The Consumer Financial Protection Bureau’s Section 1071 requires financial institutions to collect and report data from credit applications made by small businesses. The CFPB finalized a rule to create a new data set and increase transparency in small business lending.