Mortgages, Information Reports

CFPB Bites of the Month - July 2024

Hudson Cook, LLP on 7/30/2024

In this month's article, we share some of our top "bites" for the prior and current month covered during the July 2024 webinar....more

CFPB Issues Report on Housing Insecurity and COVID-19

Goodwin on 3/16/2021

On March 1, 2021, the Consumer Financial Protection Bureau (CFPB) issued a report titled “Housing Insecurity and the COVID-19 Pandemic” (the Report), which summarizes some of the relevant data and research on the impact of...more

FHA Tasked With Improving Reverse Mortgage Oversight

Bradley Arant Boult Cummings LLP on 10/1/2019

The U.S. Government Accountability Office (GAO) published two reports on September 25 identifying several weaknesses in the Federal Housing Administration’s (FHA) oversight of reverse mortgages made under the Home Equity...more

CFPB 2019 fair lending report highlights alternative scoring models

Ballard Spahr LLP on 7/8/2019

The CFPB’s annual fair lending report covering its 2018 activities was published in today’s Federal Register. While most of the report recycles information about which we have previously blogged, it does contain the...more

CFPB Issues Semi Annual Report to Congress

Smith Debnam Narron Drake Saintsing & Myers,... on 3/1/2019

The CFPB has issued its Semi-Annual Report to Congress for the time period beginning April 1, 2018 and ending September 30, 2018. The Report is the first issued by newly confirmed Director Kathy Kraninger and outlines the...more

CFPB Releases Assessment Reports Analyzing the Ability to Repay and RESPA Servicing Rules

Goodwin on 1/24/2019

On January 10, 2019, the CFPB issued a press release regarding two recently-released reports, which analyze the efficacy of the Ability to Repay Rule (ATR), and the RESPA Servicing Rule (Servicing Rule). The assessment...more

CFPB Examines Complaints Filed By Older Consumers

Goodwin on 6/15/2017

On May 31, 2017, the Consumer Financial Protection Bureau (CFPB) issued its Monthly Complaint Report, this month complaints by consumer aged 62 and older. The CFPB drew its analysis of more than 103,100 complaints from its...more

CFPB Releases Reverse Mortgage Report; Issues Advisory In Response to Complaints

Morrison & Foerster LLP on 2/11/2015

On February 9th, the CFPB released a report highlighting consumer complaints regarding reverse mortgages. The report covers 1,200 reverse mortgage complaints received between December 1, 2011, and December 31, 2014, or...more

CFPB Report Explores Consumers’ Mortgage Shopping Experience

Ballard Spahr LLP on 1/26/2015

In a report released on January 13, 2015, the Consumer Financial Protection Bureau announced that nearly half of consumers do not shop among multiple lenders before applying for a mortgage loan. Even fewer—about one of every...more

CFPB report explores consumers’ mortgage shopping experience

Ballard Spahr LLP on 1/16/2015

In a report released on January 13, 2015, the CFPB announced that nearly half of consumers do not shop among multiple lenders before applying for a mortgage loan. Even fewer—about one of every four—submit multiple...more

CFPB to issue whitepaper on methodology for identifying auto finance discrimination and consider use of advisory opinions

Ballard Spahr LLP on 6/20/2014

While Director Cordray’s appearance at the House Financial Services Committee’s hearing on the CFPB’s fifth Semi-Annual Report yesterday was accompanied by the usual dose of political theater, his testimony did yield the...more

Mortgages › Information Reports

"My best business intelligence, in one easy email…"