Tag Archives: Consumer Financial Protection Bureau

The Consumer Financial Protection Bureau will no longer be the only entity monitoring TILA-RESPA Integrated Disclosure rule compliance among lenders. The Office of the Comptroller of the Currency announced Friday that TRID compliance exams are coming.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. TILA-RESPA Integrated Disclosure rule compliance is finally here. Pramod Karachur, project manager at IndiSoft, outlines how many, but not all, are adjusting to the new regulation and offers advice to those that are still working toward compliance.

The Consumer Financial Protection Bureau has announced the finalization of a rule that will improve information about consumers’ access to residential mortgage credit by updating reporting requirements of the Home Mortgage Disclosure Act.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. In this piece, Aaron King, founder and CEO of Snapdocs examines how technological advances can help alleviate some of the added pressures from the CFPB's TILA-RESPA Integrated Disclosure rule.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. In this blog post, Kerri Panchuk, executive director, Membership Groups at The Five Star Institute discusses how all firms in the mortgage finance space–from lenders, servicers, title companies and appraisers–are officially ‘on notice’, with the Consumer Financial Protection Bureau issuing a bulletin Thursday, providing guidance on what constitutes a mortgage kickback or referral fee when setting up marketing services agreements.

The Consumer Financial Protection Bureau issued a bulletin to the mortgage industry Thursday concerning marketing services agreements, finding these agreements undermine consumer protection against kickbacks.

The Consumer Financial Protection Bureau announced on Wednesday it is considering proposing rules that will make consumer financial companies more accountable to the customers they serve.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. It’s finally here. After nearly two full years of intense discussion and preparation, the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Mortgage Disclosures rule has taken the mortgage industry by storm. Nancy Tarr, VP of national escrow operations at First American Title Insurance Corp., provides a checklist of questions that lenders should ask settlement providers while navigating this new process.

Consumer Financial Protection Bureau (CFPB) Director Richard Cordray once again sat before the House Financial Services Committee on Tuesday for the CFPB's semi-annual report to Congress and touted the Bureau's efforts to protect consumers in its four years of existence while taking questions from Committee members on such topics as mortgages, auto lending, payday lending, and the TRID rule.

The Consumer Financial Protection Bureau and the Department of Justice have taken action against Hudson City Savings Bank for discriminatory redlining practices, according to an announcement Thursday.