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Mortgage Banking Update - February 21, 2013

In This Issue: - MERS Has Power To Assign Interest in Deed of Trust, Borrower Can Challenge Assignment of Mortgage, First Circuit Rules - Federal Judge Refuses To Dismiss Arizona Mortgage Class Action Alleging...more

CFPB plans for sharing information with state AGs unchanged in final disclosure rule

In its final rule on Disclosure of Records and Information published last week, the CFPB gave no ground on its position that it has discretionary authority to share confidential information with state attorneys general. This...more

CFPB announces partnership with Navajo Nation

Having previously announced partnerships with the Cities of Chicago and Newark, the CFPB has now announced its first partnership with a tribal government — the Navajo Nation. A Memorandum of Understanding between the CFPB and...more

CFPB to partner with Newark, NJ

The CFPB has announced a pilot-program in which it will partner with Newark, New Jersey to allow Newark consumers to use a local 4311 hotline to reach the CFPB with questions and complaints about financial products and...more