CFPB Issues Final QM Mortgage, Seasoned QM Rules

The Consumer Financial Protection Bureau on Thursday issued final rules related to qualified mortgage loans. The Mortgage Bankers Association provided preliminary summaries of the final rules.

MBA Education TRID Implications of GSE Loan Level Price Adjustment Announcement Webinar Today

Join MBA policy staff and industry experts this afternoon for a critical discussion on the impact of Wednesday’s GSE announcement on TRID disclosures. While this topic will continue to evolve in the coming days, attendees can expect to learn about the immediate concerns and questions that will most likely impact your business and processes.

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 Clarifies Treatment of ‘Compliance Aids’

The Consumer Financial Protection Bureau yesterday issued a Policy Statement announcing a new designation for certain Bureau guidance materials, referred to as “Compliance Aids.”

The CFPB Policy Statement on ‘Abusive Acts or Practices:’ What it Means

On Friday, the Consumer Financial Protection Bureau issued a policy statement providing a “common-sense framework” on how it intends to apply the “abusiveness” standard in supervision and enforcement matters–a clarification long-awaited by Mortgage Bankers Association and the real estate finance community.

CFPB Clarifies Treatment of ‘Compliance Aids’

The Consumer Financial Protection Bureau yesterday issued a Policy Statement announcing a new designation for certain Bureau guidance materials, referred to as “Compliance Aids.”

The CFPB Policy Statement on ‘Abusive Acts or Practices:’ What it Means

On Friday, the Consumer Financial Protection Bureau issued a policy statement providing a “common-sense framework” on how it intends to apply the “abusiveness” standard in supervision and enforcement matters–a clarification long-awaited by Mortgage Bankers Association and the real estate finance community.