RESPA

PHH declines to appeal CFPB constitutionality case to high court

05/03/18

The New Jersey mortgage lender and servicer won a huge victory in January when an appeals court threw out its fine levied by the consumer agency, but the court ruled against the claim that the agency's structure is unconstitutional.

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CFPB finalizes rule to fix TRID 'black hole'

04/26/18

The CFPB finalized an amendment to its "Know Before You Owe," mortgage disclosure rule that gives lenders more flexibility to adjust closing cost estimates and pass on those increases to borrowers.

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Reg reform for manufactured home sellers sparks loan steering debate

03/12/18

A provision in the Senate's regulatory relief bill that would give manufactured housing retailers more leeway to make financing recommendations has consumer advocates concerned about potential lending abuses, while the industry contends it simply levels the playing field with real estate agents and homebuilders.

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CFPB finalizes technical correction to mortgage servicing rule

03/08/18

The Consumer Financial Protection Bureau finalized a rule on Thursday that gives mortgage servicers more latitude in sending periodic statements to borrowers in bankruptcy.

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What CFPB gained, lost in constitutionality case

01/31/18

A federal appeals court handed a major victory — and a significant defeat — to the CFPB by upholding its constitutional structure while also slapping down the agency's practice of making new interpretations of law through enforcement actions.

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Mulvaney could use Dodd-Frank to gut CFPB mortgage rules

01/29/18

The acting head of the Consumer Financial Protection Bureau can utilize "look-backs" of mortgage servicing and underwriting rules to push for significant changes.

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CFPB’s constitutionality question doesn’t end with Cordray’s departure

11/22/17

The outcome of a case testing the president's power to fire a CFPB director will come too late to impact Richard Cordray, but may affect President Trump's interim and final picks to lead the agency.

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CFPB penalizes title company over RESPA steering

09/27/17

An Indiana title company $1.25 million on Wednesday for steering borrowers to an affiliated title insurer without disclosing that three executives are part-owners of the insurer.

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Wells Fargo accused of scamming borrowers on rate lock fees

08/30/17

Wells Fargo forced borrowers to pay millions of dollars in fees to extend interest rate locks that expired due to the bank's delays in processing mortgage applications, a lawsuit claims.

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CFPB suffers setback in Respa loss

07/17/17

A district court judge has ruled in favor of a Louisville, Ky., law firm that was sued by the Consumer Financial Protection Bureau in 2013 for allegedly paying illegal kickbacks in exchange for referrals.

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