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What You Need to Know About the CFPB’s Priorities for 2016 and 2017. CFPB focus. march 14, 2016.. Back in 2012, the CFPB warned. which governs how lenders assess a borrower’s ability to repay a mortgage before making the loan, went into effect.
Mortgage Bankers Association adds 11 new members in March conference and the Southwest Secondary Conference continue to bring new ideas and updates to our members at a time when our business is increasingly difcult.. limit the availability of competitive nancing or add unexpected costs to. Texas Mortgage Bankers Association March | April.
Steven Antonakes Named Deputy Director of the CFPB. Sept 4 – The consumer financial protection bureau has announced steve antonakes has been officially named deputy director of the agency. Antonakes had been serving as the acting deputy director of the CFPB. Antonakes will continue to maintain.
Steven Kaplan is a partner in Mayer Brown’s Washington DC office and a member of the Consumer Financial Services group. He concentrates his practice on matters related to consumer financial products and represents clients in federal and state supervisory matters, investigations and enforcement proceedings.
The Honorable Richard Cordray director consumer financial protection Bureau 1275 First Street, NE Washington, DC 20001 Dear Director Cordray: As you are aware, today marks the fifth anniversary of.
It’s far better for the lender to get this story and provide the information the borrower needs to better understand. consumer financial protection bureau deputy Director Steven Antonakes has.
Are Servicers Finally Off the CFPB?s Hit List? Investor Update November 3, 2015. Bureau offering more carrot, less stick. For quite some time now, it appeared that the Consumer Financial Protection Bureau was out to get the servicing industry. However, a quick perusal of the new supervisory report from the CFPB might finally be a sign that servicers are no longer at the top of the bureau’s.
Our work is far from over,” Antonakes said. And the brutal honesty was not well received. “This audience is the people who are doing the work. These are not CEOs of large companies; these are heads of.
FL homeowners flock to principal reduction program Tax dollars are paying Florida mortgages for felons, debtors – A Tampa Bay Times investigation found that state officials overseeing Florida’s Hardest Hit program made a series of missteps. truly going to what matters, which is principal reduction,” said.
If you were hoping that the Consumer Financial Protection Bureau had learned from the million-plus comments submitted to the agency on its proposed small-dollar lending rule, then you would have been disappointed to hear CFPB Director Richard Cordray’s recent testimony before the House Financial Services Committee.
Moody’s: $10.3 Billion in US CDO Downgrades During October · NEW YORK: The United States lost its top-notch AAA credit rating from Standard & Poor’s on Friday in an unprecedented reversal of fortune for the world’s largest economy. S&P cut the long-term US credit rating by one notch to AA-plus on concerns about the government’s budget deficits and rising debt burden. The move is likely.