The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). Although the Federal Reserve, OCC and FDIC, are the primary CRA regulators, the Fed did not join...more
12/19/2019
/ Banks ,
Community Reinvestment Act ,
Consumer Financial Products ,
FDIC ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Financing ,
Joint Policy Statements ,
Lending ,
Low-Income Issues ,
Mortgages ,
OCC ,
Rulemaking Process
On September 6, 2019, the Bureau filed a complaint in federal court in the Central District of California against Certified Forensic Loan Auditors, LLC (CFLA) and Andrew Lehman (Lehman) in connection with their offering,...more
9/13/2019
/ Audits ,
Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Deceptive Intent ,
Enforcement Actions ,
False Advertising ,
Final Judgment ,
Financial Services Industry ,
Foreclosure ,
Homeowners ,
Misrepresentation ,
Mortgage Assistance Relief Services (MARS) ,
Mortgages ,
Regulation O ,
Regulatory Violations ,
Scams ,
Securitization