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Daily Dose

Airbnb May Bring Unforeseen Consequences to Borrowers

Since Airbnb’s launch in 2008, the home-sharing service has grown to currently include more than 2 million listings in 191 countries. Because of this, some home builders are developing new plans with the home-sharing industry in mind but for lenders, Airbnb may bring more trouble than anticipated.

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Goldman Sachs Re-configures Employee Compliance Program

The Federal Reserve Board ordered Goldman Sachs Group to pay a civil money penalty for its unauthorized use and disclosure of confidential supervisory information and to implement an enhanced program to ensure the proper use of confidential supervisory information.

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Job Report Hits the Mark for July

Economists and analysts widely praised July’s Employment Situation from the Bureau of Labor Statistics released Friday, not just for the headline number, but also for the majority of the data contained within.

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CFPB Unveils Updated Servicing Rules

The Consumer Financial Protection Bureau (CFPB) is scheduled to host the Industry & Servicer Training Update at the Five Star Conference & Expo on September 12, 2016 and will be the first time that the Bureau will give an in-depth, in-person training since the promulgation of the new servicing rules on Thursday.

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