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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…

John Holahan, Richard B. Horn.

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…

John Holahan, Richard B. Horn.

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…

John Holahan, Richard B. Horn.

Consumer finance update: CFPB issues proposal to supervise nonbank auto finance companies

USA - September 22 2014 The US Consumer Financial Protection Bureau (CFPB) continues its efforts to expand its supervisory authority. On September 17, 2014, the CFPB issued…

John Holahan, Richard B. Horn.

The CFPB's second TILA-RESPA webinar

USA - September 8 2014 On August 26, 2014, the Consumer Financial Protection Bureau ("CFPB") conducted the second in a series of webinars on the TILA-RESPA Integrated…

John Holahan, Richard B. Horn.