TILA

House, Senate bills would cap all consumer loans at 36%

11/12/19

The Veterans and Consumers Fair Credit Act would extend Military Lending Act protections to all consumers.

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CFPB offers new FAQ for TRID compliance

02/01/19

The Consumer Financial Protection Bureau has published a new "frequently asked questions" tool to help mortgage lenders with TILA-RESPA integrated disclosures compliance.

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Brown, Rubio float bill to protect small-business borrowers

12/06/18

The legislation would ban legal clauses that force small-business borrowers to give up their right to court proceedings before obtaining a loan.

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Small-business borrowers on verge of consumer-style protections in Calif.

09/05/18

If Gov. Jerry Brown signs the legislation headed to his desk, it would be the first law of its kind in the U.S. It is designed to allow small-business owners to make comparisons between offers in the often bewildering world of online business lending.

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House Financial Services panel advances fintech, housing bills

07/24/18

Lawmakers approved legislation to enable coordination between state and federal regulators on examining banks' third-party vendor relationships.

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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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Deutsche down; LendingClub accused of duping customers

04/26/18

Bank’s net income plunges, will focus on Europe growth; FTC says the company charged hidden fees.

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Government accuses LendingClub of misleading borrowers

04/25/18

The Federal Trade Commission alleges in a lawsuit that the company's "no-hidden-fee" pledge is deceptive. LendingClub says the claims are unwarranted.

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CFPB to review rulemaking authority inherited from other agencies

03/22/18

The information collection effort is consistent with acting CFPB Director Mick Mulvaney's efforts to set the agency on a more pro-industry, anti-enforcement course.

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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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