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Proposed rulemaking under the Homeowner Flood Insurance Affordability Act of 2014

USA - October 30 2014 On October 24, 2014, the Board of Governors of the Federal Reserve System, Farm Credit Administration, Federal Deposit Insurance Corporation…

Richard B. Horn, Matthew S. Yoon.

Consumer finance update: CFPB issues final rule for QM points and fees cure

USA - October 27 2014 The US Consumer Financial Protection Bureau ("CFPB") continues to amend its Title XIV mortgage rules, almost two years after they were issued. On…

Richard B. Horn, Matthew S. Yoon.

Consumer finance update: new Ginnie Mae minimum net worth, liquidity and demonstrated participation requirements for issuers approved for certain Ginnie Mae programs

USA - October 23 2014 Ginnie Mae has announced several new requirements in response to the continued transformation of the housing market and the growing number of…

Richard B. Horn, Matthew Yoon.

Consumer finance update: CFPB proposes update to the TILA-RESPA integrated Mortgage Disclosure Rule

USA - October 16 2014 On October 10, 2014, the US Consumer Financial Protection Bureau ("CFPB") issued a proposed rule ("Proposal") to amend the TILA-RESPA Integrated…

Richard B. Horn, Matthew Yoon.

Consumer finance update: summary of the CFPB's third webinar on the TILA-RESPA integrated disclosures

USA - October 6 2014 On October 1, 2014, the US Consumer Financial Protection Bureau ("CFPB") conducted the third in a series of webinars on the TILA-RESPA Integrated…

Richard B. Horn, Matthew Yoon.