Continued budget cuts likely will trigger construction issues and disputes in the coming months and years. As a result, contractors should take precautions on federally funded construction projects.
- Sequestration Spending Cuts
The CFPB issued final rules reducing the financial incentives for loan officers and brokers in "risky and high-cost" consumer loans and toughening qualification standards for loan originators....more
- Arbitration Agreements CFPB Higher-Priced Mortgage Loans Incentives Loans Mortgage Loan Originators Regulation Z
The CFPB issued two mortgage servicing rules aimed at homeowners facing foreclosure and providing borrowers with tools and information for dealing with mortgage servicers....more
- CFPB Foreclosure Mortgage Loan Servicing Standards Mortgages Regulation Z RESPA TILA
On January 7, 2013, the Office of the Comptroller of the Currency (OCC) and the U.S. Federal Reserve Board announced an $8.5 Billion settlement with 10 of the nation's top residential loan servicers ending independent...more
- Enforcement Actions Federal Reserve Loan Servicer Mortgages OCC Real Estate Market Settlement
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