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Federal Sequester Likely to Affect Construction Industry

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. ...more

3/13/2013 - Sequestration Spending Cuts

CFPB issues final rules on incentives and mandatory arbitration

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

1/28/2013 - Arbitration Agreements CFPB Higher-Priced Mortgage Loans Incentives Loans Mortgage Loan Originators Regulation Z

Consumer Financial Protection Bureau Issues New Mortgage Servicing Rules

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

1/24/2013 - CFPB Foreclosure Mortgage Loan Servicing Standards Mortgages Regulation Z RESPA TILA

Is the Fed's Settlement with Mortgage Servicers Good for the Market?

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

1/17/2013 - Enforcement Actions Federal Reserve Loan Servicer Mortgages OCC Real Estate Market Settlement

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