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Tag Archives: CFPB

CFPB Addresses Impending GSE Patch Expiration

The Bureau issued two Notices of Proposed Rulemaking, proposing an amendment to the General QM definition to replace the DTI limit with a price-based approach, and an extension of the Patch until the first amendment takes effect.

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CFPB Updates HMDA Rules

According to the Bureau, the final rule will reduce regulatory burden on smaller institutions to help those institutions to focus on responding to consumers in need now and in the longer term.

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Borrower Assistance Program Announced

The joint initiative by the Federal Housing Finance Agency and the Consumer Financial Protection Bureau allows the agency to share servicing information to protect homeowners during COVID-19. 

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CFPB Seeking Financial Law Whistleblowers

The Bureau has announced that it will be engaging with Congress to advance proposed legislation that would authorize the Bureau to award anyone who report violations of Federal consumer financial law.

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