CFPB May Reopen Mortgage Rule If Housing Reform Stalls

Consumer Financial Protection Bureau Director Richard Cordray said a review of its "qualified mortgage" rule will allow enough time to consider changes if lawmakers fail to make progress on housing finance before a key deadline. News

By |2017-05-20T11:45:10-05:00March 26th, 2015|News|Comments Off on CFPB May Reopen Mortgage Rule If Housing Reform Stalls

CFPB Takes Aim at Referral Fees

The long-standing practice of banks and mortgage lenders paying real estate brokers and homebuilders for referrals could soon be coming to an end. Collection & Credit Risk

By |2015-03-21T02:42:47-05:00March 21st, 2015|FCRA|Comments Off on CFPB Takes Aim at Referral Fees

Collection Practices Targeted in New CFPB Credit Card Study

The Consumer Financial Protection Bureau announced Tuesday it’s adding two new topics - debt collection practices and ability-to-repay standards - to a planned second credit card market study that could lead to new rules and enforcement actions Collection & Credit Risk

By |2015-03-19T02:02:53-05:00March 19th, 2015|FCRA|Comments Off on Collection Practices Targeted in New CFPB Credit Card Study

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