A group of a half dozen trade associations recently sent a letter to Mick Mulvaney, Acting Director of the Consumer Financial Protection Bureau. The letter raises objections over 2016 amendments to the CFPB’s 2013 RESPA and TILA Mortgage Servicer Rule, ...
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CUNA: CPPB has ‘Overstepped the Boundaries’ With Expanded HMDA Rule
The Consumer Financial Protection Bureau nearly tripled the amount of data fields lenders must report under the Home Mortgage Disclosure Act. Is it too much?
Read More »CUNA Asks CFPB to Delay TRID Effective Date Until January 1, 2016
The Bureau had also received many requests from lawmakers, lenders, and other mortgage industry professionals who are concerned with their ability to become fully compliant with the requirements of the rule in time for the original August 1 effective date.
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