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Reverse mortgage rule re. Surviving spouses remanded to hud

USA - October 9 2013 In Bennett v. Donovan, three plaintiffs brought suit against the Secretary of the Department of Housing and Urban Development (HUD) alleging that…

Arthur B. Axelson, Stephen M. Mahieu, J. Kevin Snyder, Daniel J. Zollner.

Not ready for the new mortgage rules? The CFPB can help

USA - July 10 2013 As mortgage lenders, brokers and servicers scramble to interpret and implement the myriad of rule changes mandated by the Dodd-Frank Act, the CFPB…

CFPB publishes two more small entity compliance guides

USA - June 14 2013 Adding to its growing library of Small Entity Compliance Guides, on June 7, 2013, the Bureau of Consumer Financial Protection ("CFPB") released…

CFPB releases first round of updates to exam procedures covering new mortgage regulations

USA - June 5 2013 On June 4, 2013, in what it deemed to "first round" of "what will likely be multiple updates" to its Supervision and Examination Manual, the CFPB…

Jeffrey E. Jamison.

CFPB publishes small entity compliance guides for new HOEPA, ECOA, and TILA rules- institutions of all sizes should take notice

USA - May 3 2013 As readers of this blog know, in January 2013, the CFPB adopted rules governing the Home Ownership and Equity Protection Act (HOEPA), valuations…

Jeffrey E. Jamison.