U.S. Banks Push For More Mortgage Capital Relief In Final 'Endgame' Rules

Persistent punitive mortgage capital requirements emerged as a top concern in banks' endgame comment letters, despite ...
JD Supra

Congressional report outlines CFPB’s final rule on mortgage servicing

The proposed amendments were intended to streamline requirements and introduce new safeguards to mitigate foreclosure risk. They would replace the existing requirement that borrowers submit all ...
HousingWire

CFPB seeks rescission of pandemic-era mortgage servicing rule

The Consumer Financial Protection Bureau (CFPB), under the leadership of acting director Russell Vought, is continuing to assess regulations it deems outdated or unnecessary. The rule also “finalized ...
The National Law Review

Bradley Comment Letter Highlights Questions Regarding the CFPB’s Statutory Authority to Issue Contemplated Mortgage Servicing Rulemaking

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
JD Supra

CFPB Signals Review of Mortgage Servicing and Larger Participant Rules

Last week, the Consumer Financial Protection Bureau (CFPB or Bureau) submitted several regulatory proposals to the Office of Management and Budget (OMB) for review. Among the rules under consideration ...