CFPB to Consider Debt Collection Practices Overhaul

The Consumer Financial Protection Bureau yesterday outlined proposals under consideration that would overhaul the debt collection market by capping collector contact attempts and by helping to ensure that companies collect the correct debt.

FHA to Insure Mortgages on Some Properties with PACE Assessments

The Federal Housing Administration yesterday announced guidance designed to clarify circumstances under which it will insure mortgages on properties that include Property Assessed Clean Energy (PACE) assessments. The Mortgage Bankers Association expressed concerns.