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Ballard Spahr LLP

CFPB Director Addresses Credit Report Fees Before the Mortgage Bankers Association

Ballard Spahr LLP on

As part of the CFPB’s crusade against junk fees, CFPB Director, Rohit Chopra addressed credit report fees in prepared remarks at the Mortgage Bankers Association’s Secondary & Capital Markets Conference & Expo 2024. While...more

Orrick, Herrington & Sutcliffe LLP

FHFA announces updates for implementation of GSE credit score requirements

On February 29, FHFA announced updates related to the implementation of new credit score requirements for single-family loans acquired by Freddie Mac and Fannie Mae (GSEs). As previously covered by InfoBytes, FHFA released a...more

Sheppard Mullin Richter & Hampton LLP

CFPB, FTC Seek Public Comment on Tenant Background Checks

On February 28, 2023, the FTC and the CFPB issued a joint request for information (“RFI”) seeking public comment on background checks used to screen potential tenants for rental housing...more

Ballard Spahr LLP

FHFA Announces Updated FICO and Vantage Scores for Use by GSEs

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Recently, the Federal Housing Finance Agency (FHFA) announced the approval of two new credit scoring models, the FICO 10T and the VantageScore 4.0 for use by Fannie Mae and Freddie Mac (the GSEs or Enterprises). Lenders will...more

Wiley Rein LLP

Wiley Consumer Protection Download (August 3, 2021)

Wiley Rein LLP on

Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more

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