The House of Representatives passed HR 2543 by a vote of 215-207, legislation drafted to promote equity for underserved communities and increase access to safe and affordable financial services for all Americans.
Read More »Breaking Down the Language Barrier
Anita Bush of FICS details how the industry is pushing to improve communication with limited English proficiency borrowers.
Read More »CFPB Rolls Back Several Regulatory Policies
In an effort to maintain continued consumer protection in the time of COVID-19, the CFPB has rescinded several policies geared toward financial institutions.
Read More »CFPB Addresses Regulating Consumer Access to Financial Data
The Consumer Financial Protection Bureau (CFPB) has issued an advance notice of proposed rulemaking (ANPR) requesting input on regulating consumer access to financial records. With the ANPR, the CFPB is looking for suggestions on how the agency could most efficiently and effectively develop ...
Read More »Financial Services Committee Commemorates 10 Years of Dodd-Frank Act
The Committee’s Chairwoman Maxine Waters said the “landmark law” made significant reforms and enhanced standards for capital, liquidity, and stress testing.
Read More »FHFA Shares Fannie, Freddie Stress Tests Results
How would the GSEs perform under extremely adverse conditions? Here’s what their latest stress tests under the Dodd-Frank Act revealed.
Read More »Debt-to-Income and Delinquencies
What is constraining debt-to-income ratios from returning to pre-crisis levels? The latest report on the Ability to Repay Rule from CFPB might have the answer.
Read More »Another Look at GSE Credit Score Models
What are the four steps proposed by the FHFA to validate and approve the credit score models used by Fannie Mae and Freddie Mac?
Read More »Evictions Webinar Explores PTFA Implications
A complimentary webinar from the Legal League 100 will dive into the recent restoration of the Protecting Tenants at Foreclosure Act, implications for evictions processes, and related matters servicers should consider moving forward. Click through for all the details.
Read More »Dodd-Frank Reform and Tenant Protections in Foreclosure
On Thursday, President Trump signed Senate Bill 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, into law. The bill, designed evolve and streamline regulations put in place by the 2010 Dodd-Frank Act, was passed by the House of ...
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