CFPB Relaxes Information Collection, Reporting During Pandemic

The Consumer Financial Protection Bureau said it is postponing some data collections from industry on Bureau-related rules to allow financial companies to work with customers in responding to the coronavirus pandemic.

CFPB Relaxes Information Collection, Reporting During Pandemic

The Consumer Financial Protection Bureau said it is postponing some data collections from industry on Bureau-related rules to allow financial companies to work with customers in responding to the coronavirus pandemic.

Federal Agencies ‘Will not Criticize’ Coronavirus Loan Mods

Six federal agencies on Sunday issued a joint statement encouraging financial institutions to “work constructively” with borrowers affected by the coronavirus pandemic and said they “will not criticize” loan modifications made in a “safe and sound” manner.

Federal Agencies ‘Will not Criticize’ Coronavirus Loan Mods

Six federal agencies on Sunday issued a joint statement encouraging financial institutions to “work constructively” with borrowers affected by the coronavirus pandemic and said they “will not criticize” loan modifications made in a “safe and sound” manner.

MBA, Trade Groups Cite Strong Concerns with PACE Programs

The Mortgage Bankers Association and nearly a dozen industry trade groups told Federal Housing Finance Agency Director Mark Calabria that Property Assessed Clean Energy programs—known as PACE programs—pose safety and soundness issues for the real estate finance industry.

The Week Ahead

Consumer Financial Protection Bureau Director Kathy Kraninger appears before the Senate Banking Committee this Tuesday, Mar. 10 to deliver The Bureau’s Semi-Annual Report to Congress.

Industry Briefs

The Consumer Financial Protection Bureau issued a Supplemental Notice of Proposed Rulemaking regarding collection of time-barred debt.

Industry Briefs

The Consumer Financial Protection Bureau issued a Supplemental Notice of Proposed Rulemaking regarding collection of time-barred debt.

Industry Briefs

The Federal Housing Finance Agency selected Houlihan Lokey Capital Inc. as a financial advisor to assist in development and implementation of a roadmap to “responsibly end the conservatorships of Fannie Mae and Freddie Mac.”