On September 5, the Consumer Financial Protection Bureau (CFPB) published a blog post regarding what to do in the event of a natural disaster like Hurricane Harvey. The CFPB recommends that affected consumers consolidate...more
9/6/2017
/ Banking Sector ,
Consumer Financial Protection Bureau (CFPB) ,
Disaster Aid ,
Disaster Preparedness ,
FEMA ,
Financial Fraud ,
Financial Records ,
Financial Services Industry ,
Hurricane Harvey ,
Natural Disasters ,
Risk Mitigation ,
Severe Weather
Several federal agencies have issued reminders and requirements related to banking and credit services for borrowers affected by Hurricane Harvey. We previously reported on mortgage-related guidance issued by Fannie Mae,...more
9/1/2017
/ Banking Sector ,
Community Development ,
Community Reinvestment Act ,
Credit Unions ,
CSBS ,
Disaster Aid ,
Farm Credit Administration ,
FDIC ,
Financial Institutions ,
FRB ,
Hurricane Harvey ,
Hurricane Season ,
Natural Disasters ,
NCUA ,
OCC ,
Popular ,
Regulatory Standards ,
Severe Weather
On Monday, August 28, HUD announced that it was committed to “speed federal disaster assistance to the State of Texas and provide support to homeowners and low-income renters forced from their homes due to Hurricane Harvey.”...more
8/31/2017
/ Banking Sector ,
Disaster Aid ,
Fannie Mae ,
Financial Services Industry ,
Foreclosure Relief Companies ,
Freddie Mac ,
HUD ,
Hurricane Harvey ,
Mortgage Lenders ,
Mortgages ,
Natural Disasters ,
Severe Weather ,
Veterans Administration