Mortgage Servicing Rules

CFPB Releases Plain Language Video Guides for New Mortgage Rules

by F. Wendell Allen, Jason Bushby, Christy Hancock, Jonathan Kolodziej, Robert Maddox, D. Brian O'Dell, David Roth | Bradley Arant Boult Cummings LLP on 5/17/2013

In January 2013, the Consumer Financial Protection Bureau (CFPB) issued a series of new rules affecting the mortgage industry. These rules touch upon a wide variety of areas, including originations, appraisals, and servicing....more

CFPB Proposes Changes to Ability-To-Repay, Servicing Rules

by Richard J. Andreano, Jr., John D. Socknat, Michael S. Waldron | Ballard Spahr LLP on 4/26/2013

In keeping with its promise to provide further guidance to the industry on the recent mortgage loan rules, the Consumer Financial Protection Bureau recently proposed clarifications and changes to the...more

FDIC Announces Teleconference Series On CFPB Mortgage Rules

by BuckleySandler LLP on 4/17/2013

On April 9, the FDIC announced a series of nationwide banker teleconferences focused on the CFPB’s final mortgage rules. The first teleconference call is scheduled for May 2, 2013 and will focus on the...more

Fannie Mae Announces Numerous Selling Guide Updates

by BuckleySandler LLP on 4/17/2013

On April 9, Fannie Mae issued Selling Guide Announcement SEL-2013-03, which updates numerous guide sections. According to the announcement, effective immediately, all lenders that wish to deliver eMortgages must obtain...more

FDIC to host banker teleconferences on CFPB mortgage rules

by Barbara S. Mishkin | Ballard Spahr LLP on 4/11/2013

The FDIC has scheduled the following three free teleconferences on the CFPB’s new mortgage-related rules for officers and employees of FDIC-supervised institutions... ...more

Infobytes - A Weekly In-depth review of news & developments in the financial services industry - March 29, 2013

by BuckleySandler LLP on 3/29/2013

In This Issue: - FEDERAL ISSUES - STATE ISSUES - COURTS - MISCELLANY - FIRM NEWS - FIRM PUBLICATIONS - MORTGAGES - BANKING - CONSUMER FINANCE - SECURITIES - CREDIT CARDS - PAYMENTS -...more

FHFA OIG Issues Report On Servicers’ Borrower Complaint Handling

by BuckleySandler LLP on 3/25/2013

Today, the FHFA Office of Inspector General (OIG) issued a report on servicers’ handling of borrower complaints, following an audit to assess FHFA’s oversight of Freddie Mac’s controls over servicers’ handling of escalated...more

Infobytes - A Weekly In-depth review of news & developments in the financial services industry - March 1, 2013

by BuckleySandler LLP on 3/4/2013

In This Issue: - FEDERAL ISSUES - STATE ISSUES - COURTS - MISCELLANY - FIRM NEWS - MORTGAGES - BANKING - CONSUMER FINANCE - SECURITIES - PRIVACY/DATA SECURITY - CRIMINAL...more

CSBS And AARMR Comment On CFPB Mortgage Servicing Transfer Bulletin

by BuckleySandler LLP on 3/4/2013

On February 20, the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) issued a statement commending the CFPB for its recent guidance regarding mortgage...more

Banking & Financial Services E-Note - February 28, 2013

by Burr & Forman on 3/4/2013

In this Issue: - FASB Proposes Granting Banks Flexibility to Value Financial Assets - Committee Urges Easing of Basel Rules on Small Banks, Insurers - Banks' College Campus Marketing Efforts Probed by CFPB -...more

CFPB Implementation Plan for Mortgage Rules

by Orrick - Structured Finance Group on 2/19/2013

On February 13, the CFPB announced a plan it will implement over the next year for the mortgage industry’s compliance with consumer protections that go into effect January 2014. Among the new rules are the “ability-to-pay”...more

Infobytes - A Weekly In-depth review of news & developments in the financial services industry - February 15, 2013

by BuckleySandler LLP on 2/15/2013

In This Issue: - FEDERAL ISSUES - STATE ISSUES - COURTS - FIRM NEWS - FIRM PUBLICATIONS - MORTGAGES - BANKING - CONSUMER FINANCE - PRIVACY/DATA SECURITY - Excerpt from Privacy/Data...more

CFPB announces mortgage rules implementation plan

by Richard J. Andreano, Jr. | Ballard Spahr LLP on 2/14/2013

The CFPB has announced various steps it plans to take over the next year to support the industry’s implementation of the mortgage rules issued in January 2013 and which take effect in January 2014. Those rules include the new...more

Home

Legal News

Find a Lawyer

Browse Subjects

Subscribe

Pro Services

For Reporters