The Consumer Financial Protection Bureau today issued a Request for Information (RFI) concerning the Bureau’s public reporting of consumer complaints. The Bureau is seeking comments and information from … more CFPB Seeks Input on Consumer Complaint Reporting
Regulations
State Regulation: What Does the Next 10 Years Look Like?
In a recent blog post, John W. Ryan, president and CEO of the Conference of State Bank Supervisors, reflected on the 10-year anniversary of the Nationwide Multistate Licensing … more State Regulation: What Does the Next 10 Years Look Like?
CFPB Releases Strategic Plan
The Consumer Financial Protection Bureau this week released a five-year blueprint that establishes its mission, strategic goals and strategic objectives. The Bureau’s strategic plan includes three strategic goals: … more CFPB Releases Strategic Plan
Full D.C. Circuit Rejects CFPB Interpretation of RESPA, But Upholds Agency Structure
By Weiner Brodsky Kider, PC The full D.C. Circuit Court of Appeals on Wednesday reinstated a three-judge panel’s decision holding that the CFPB’s interpretation of Section 8 of … more Full D.C. Circuit Rejects CFPB Interpretation of RESPA, But Upholds Agency Structure
What the Government Shutdown Means for the HECM Program
The government shutdown does not not impact your clients’ ability to receive monthly payments or access funds from their lines of credit. However, FHA will stop insuring new … more What the Government Shutdown Means for the HECM Program
CFPB Seeks Public Input On Its Policies and Practices
The Consumer Financial Protection Bureau said this week that it will be issuing a “call for evidence” in the coming weeks to ensure the Bureau is fulfilling its … more CFPB Seeks Public Input On Its Policies and Practices
HECMs and a Looming Government Shutdown
Lawmakers have until midnight tomorrow to pass a continuing resolution that keeps the government open until a longer-term spending plan can be approved. If a shutdown occurs, it … more HECMs and a Looming Government Shutdown
Former FHA Commissioner Recommends Separating HECM From MMI Fund
Public policy experts debated proposals to strengthen FHA for the future needs of U.S. housing at an event hosted by the Urban Institute in Washington, DC, on Tuesday. … more Former FHA Commissioner Recommends Separating HECM From MMI Fund
FHA Clarifies Upfront MIP Formula For HECM Refinances
In one of its final acts of 2017, the Federal Housing Administration published FHA Connection (FHAC) Release Notes that updated and clarified its formula for calculating the initial … more FHA Clarifies Upfront MIP Formula For HECM Refinances
FHA Changes IMIP Formula For HECM Refinances
The Federal Housing Administration today published FHA Info #17-59 announcing that it has posted on its HECM for Lenders page on hud.gov, FHA Connection (FHAC) Release Notes, dated … more FHA Changes IMIP Formula For HECM Refinances