With the end of forbearances on the horizon, what should the industry expect from government leadership in the months ahead? Policy experts weigh in.
Read More »CFPB Asked to Repeal Mortgage Servicing Amendments
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, ...
Read More »New VP to Help Lead Marketing at ICBA
The Independent Community Bankers of America (ICBA) announced Wednesday that Andrea Bona joined the organization as VP of marketing.
Read More »MBA and Others Send Letter to Fed Regarding Consumer Disclosures
The Mortgage Bankers Association and six other industry groups sent a letter to Federal Reserve Chairman Ben Bernanke Monday, voicing their concern that the Fed, which has jurisdiction over the Truth in Lending Act (TILA), and HUD, which oversees the Real Estate Settlement Procedures Act (RESPA), will create regulatory rules that overlap. The Dodd-Frank Act created the Consumer Financial Protection Bureau, which will be overseen by yet another agency, the Treasury, and will have regulatory authority over consumer disclosures.
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