Five federal agencies on Thursday issued a proposed regulation that would codify a 2018 guidance clarifying that supervisory guidance does not have “force and effect of law.”
Tag: Consumer Financial Protection Bureau
Federal Agencies Propose Regulation Codifying Use of Supervisory Guidance
Five federal agencies yesterday issued a proposed regulation that would codify a 2018 guidance clarifying that supervisory guidance does not have “force and effect of law.”
Industry Briefs Oct. 27, 2020
Stewart Appraisals Management Inc., Houston, announced its acquisition of Pro-Teck Services Ltd., DBA Pro Teck Valuation Intelligence.
CFPB Extends GSE Patch ‘Indefinitely;’ Kraninger Stresses Flexibility
In a wide-ranging discussion yesterday at the Mortgage Bankers Association’s virtual Annual Convention & Expo, CFPB Director Kathy Kraninger said the Bureau would continue to move forward with its agenda of easing regulatory burdens and providing mortgage lenders and servicers with greater flexibilities in working with customers.
CFPB Extends GSE Patch ‘Indefinitely;’ Kraninger Stresses Flexibility
With less than two weeks before the 2020 elections, Washington is doing what it does best—speculating. Kathy Kraninger, Director of the Consumer Financial Protection Bureau—a federal agency at the heart of much of that speculation—is paying it little attention.
MBA Annual20 General Sessions: Updates from FHFA Director Mark Calabria, CFPB Director Kathy Kraninger
MBA is pleased to announce that Federal Housing Finance Agency Director Mark Calabria and Consumer Financial Protection Bureau Director Kathy Kraninger will take the virtual stage at MBA Annual20. Calabria will deliver his remarks live on Monday, October 19 at 2:30 p.m. ET. On Tuesday, October 20 at 1:00 p.m. ET, hear a live interview with Kraninger, moderated by MBA 2021 Chairman Susan Stewart.
CFPB Rescinds RESPA Section 8 Compliance Bulletin
In another victory for Mortgage Bankers Association advocacy, the Consumer Financial Protection Bureau yesterday rescinded a controversial Compliance Bulletin on prohibition of kickbacks and referral fees under the Real Estate Settlement Procedures Act.
CFPB Rescinds RESPA Section 8 Compliance Bulletin
In another victory for Mortgage Bankers Association advocacy, the Consumer Financial Protection Bureau yesterday rescinded a controversial Compliance Bulletin on prohibition of kickbacks and referral fees under the Real Estate Settlement Procedures Act.
MBA Annual20 General Sessions: Updates from FHFA Director Mark Calabria, CFPB Director Kathy Kraninger; Early Registration Deadline Today
MBA is pleased to announce that Federal Housing Finance Agency Director Mark Calabria and Consumer Financial Protection Bureau Director Kathy Kraninger will take the virtual stage at MBA Annual20.
CFPB: TRID Rule Results ‘Mixed, But Leans Positive’
The Consumer Financial Protection Bureau released its assessment of the TRID Integrated Disclosure Rule, acknowledging the rule resulted in “sizeable implementation costs” for mortgage lenders and servicers but finding the rule ultimately benefited consumers.