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Article

Stinson LLP | USA | 17 Nov 2011

Agencies clarify supervisory and enforcement responsibilities for federal consumer financial laws

A statement that explains how the total assets of an insured bank, thrift or credit union will be measured for purposes of determining supervisory and enforcement responsibilities under the Dodd-Frank Wall Street Reform and Consumer Protection Act was issued today by five federal financial supervisory agencies.

Article

Stinson LLP | USA | 9 Nov 2011

CFPB aims to simplify mortgage closing documents

The CFPB has announced the second phase of its Know Before You Owe mortgage project, which will combine the two forms consumers get before finalizing a home loan into a single, easy-to-understand mortgage closing document.

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