Zaid Shariff is vice president – head of solution design and product implementation for SLK Global Solutions, Dallas, a provider of digital platforms and business process management solutions to the banking, mortgage and financial services industries.
Tag: Consumer Financial Protection Bureau
CFPB: Manufactured Housing Loan Borrowers Face Higher Interest Rates, Risks, Barriers to Credit
The Consumer Financial Protection Bureau said manufactured housing can be an affordable but potentially risky avenue for homeownership.
MBA Asks 6-Month Delay of Debt Collections Proposed Rule Effective Date
The Mortgage Bankers Association, in a May 19 letter, asked the Consumer Financial Protection Bureau to delay the effective date of its final rule amending the Fair Debt Collection Practices Act.
MBA, NMSA Ask CFPB to Amend Servicing Rules
The Mortgage Bankers Association and the National Mortgage Servicing Association asked the Consumer Financial Protection Bureau to make several changes to its proposed rulemaking to amend Regulation X servicing rules.
CFPB Reports Detail Mortgage Borrowers’ Continuing COVID-19 Challenges
The Consumer Financial Protection Bureau released two reports Tuesday, saying more work needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn.
CFPB: Consumer Complaints Higher in Predominantly Minority Areas
The Consumer Financial Protection Bureau issued a bulletin this week analyzing complaints submitted by consumers in counties nationwide. The Bureau reported in 2019 and 2020, it received more complaints on a per-capita basis from consumers living in predominantly minority counties than from consumers in predominantly white, non-Hispanic counties.
CFPB Formally Delays QM Final Rule Compliance Date to Oct. 2022
The Consumer Financial Protection Bureau yesterday formally delayed the mandatory compliance date of its General Qualified Mortgage final rule to October 1, 2022.
#MBASpring21: FHFA Director Calabria on Origination Flexibilities, Lessons Learned
A lot has happened in the past two years, Federal Housing Finance Agency Director Mark Calabria said yesterday at the Mortgage Bankers Association’s Spring Conference & Expo.
CFPB Proposes Delay for Debt Collection Rules
The Consumer Financial Protection Bureau on Wednesday proposed extending the effective date of two recent debt collection rules to give affected parties more time to comply due to the ongoing COVID-19 pandemic.
CFPB Proposes Mortgage Servicing Changes
The Consumer Financial Protection Bureau yesterday proposed a set of rule changes it said are intended to help prevent “avoidable foreclosures” as emergency federal foreclosure protections expire.