CFPB retreat may only go so far to ease mortgage rules

This table mirrors the Timeline_of_Events.txt github file at @codyave’s WhiteHat repository. You can fork via github, contribute, and see your work show up here!

With less than one month remaining until the April 19, 2018 effective date of bankruptcy-related amendments to Regulation X and Regulation Z, the Consumer Financial Protection Bureau ("CFPB") has issued "Mortgage Servicing FAQs" to address several questions it has received regarding the new bankruptcy statement requirements. Specifically, the FAQs provide some clarification regarding periodic statements, coupon books, reaffirmation, successors in interest, and the effective date.

Ontario’s housing market is overvalued by about 25 per cent, a dangerous level that threatens not only home price growth in the. “While the Toronto market has remained resilient so far, we do.

Single-family housing starts rise to highest level in a decade U.S. Single-Family Housing Starts Rise to Highest in a Decade – Groundbreaking on single-family homes proceeded in November at the strongest pace in a decade, driving U.S. housing starts to a faster-than-estimated rate, government figures showed Tuesday.

Final rules. Rules listed here are final rules issued by the CFPB. To identify all the rules related to a single consumer financial product, use the filter tool below. Other than interim final rules, this includes all cfpb final rules, including procedural and interpretive rules. Generally, final rules go through notice and comment before issuance.

In a recent letter to Mortgage. letter is to “ease up on their reviews of these things and focus on the more important issues like good faith compliance.” Only certain tila statute sections that.

Pace of new-home sales suggests steady housing strength HomesUSA.com Index Shows Days on Market Slightly Higher to Steady.. — The pace of new home sales. "Builders clearly remain confident in the continued strength of the Texas housing market.

CFPB Updates Compliance Guide for Mortgages 11.11.2014 WASHINGTON – The Consumer Financial Protection Bureau has made some key changes to its compliance guide for the three major mortgage rules that took effect earlier this year.

This guide summarizes mortgage rules published by the CFPB through July 24, 2015, but it is not a substitute for the rules. Only the rules and their official interpretations (also known as commentary) can provide complete and definitive information regarding their requirements.

Investors seek change to Freddie CRT policy in storms’ wake Investors seek change to Freddie CRT policy in storms’ wake Mortgage lenders still making the same TRID errors: MetaSource Fannie to keep tinkering with credit-risk transfer formulaExisting-home sales ease more than forecast to 5.2 million People on the move: May 25 Amazon scraps plan to build a headquarters in New York City Mortgage growth in Canada hasn’t been this weak since 2001 The Bank of Canada’s quarterly economic reports have a list of things that could upend the outlook. In the October report, there were five: stronger-than-expected U.S. growth; higher-than-expected oil.

The new chancellor of Saint Mary’s University is alumnus michael durland, effective May 15. Dr. Dr. Durland is CEO of Melancthon Capital and was previously group head and CEO, global banking and markets, at Scotiabank.National Association of Realtors data shows that 5.22 million units were sold in October compared to 5.15 million in September and a forecast October result of 5.2 million. key takeaways. While the report shows the first increase in 6 months, October’s rate of sales is still 5.1% lower than this time last year.

 · I even go so far as to connecting the two lenders so that if a buyer’s credit has already been pulled and paperwork started, our lender can review with the buyer’s lender what the situation is. This way, the buyer doesn’t have multiple credit inquiries. This is the only fair thing to do.

Housing starts reach highest level in more than a year Stronger- or weaker-than-expected starts often move equity, bond and commodity prices. In December, housing starts. up from 4.2 percent a year earlier, but down from nearly 5 percent in November,

CFPB Downloadable compliance guides: The CFPB prepared the below plain-language compliance guides to the new mortgage rules in a FAQ format with the stated purpose of making the content more accessible for industry constituents, especially smaller businesses with limited legal and compliance staff:.

People on the move: Oct. 13 Movement buys Platinum Mortgage’s Alabama retail operation US farm official in RI to tout 'buy local' success – News to. – PROVIDENCE – Rhode Island’s farm economy may be tiny, but the state leads the U.S. in the percentage of farm products sold directly to consumers and the federal government hopes to learn from the example.. Edward Avalos, U.S. undersecretary of agriculture, is in the Ocean State this week to tour farms and meet with Gov. Lincoln Chafee to discuss the state’s "buy local" initiatives.Image Gallery for People on the Move, Oct. 16, 2016.. SUBMIT PEOPLE ON THE MOVE items to business@timesshamrock.com or The Times-Tribune, 149 Penn Ave., Scranton, PA 18503.