News & Analysis as of October 13, 2024

Homeowners

+ Follow

The term "mortgage" typically refers to a mortgage loan. A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +

FHFA Asks for Input on FHLBanks

Brownstein Hyatt Farber Schreck on 6/14/2024

In May 2024, the Federal Housing Finance Agency (FHFA) published a Request for Input (RFI) titled “Federal Home Loan Bank Core Mission Activities and Mission Achievement” with comments due to the FHFA on July 15, 2024. This...more

Summary of Final Rule Amending HMDA and What It Means for Covered Institutions

Ballard Spahr LLP on 10/22/2015

The Consumer Financial Protection Bureau (CFPB) has released a final rule amending Regulation C, which implements the Home Mortgage Disclosure Act (HMDA), requiring most lenders to report certain information about mortgage...more

Director Cordray sends warning to vendors on TRID rule compliance

Ballard Spahr LLP on 10/21/2015

In remarks yesterday at the Mortgage Bankers Association’s annual convention, CFPB Director Richard Cordray stated that the CFPB may need to look more closely at vendors of software and other tools used by lenders to comply...more

Real Property, Financial Services & Title Insurance Update: Week Ending October 16, 2015

Carlton Fields on 10/20/2015

REAL PROPERTY UPDATE - - Foreclosure/Standing: although bank established it had possession of note prior to commencement of action, bank did not demonstrate when blank endorsement was placed on note, nor did it prove it...more

Mortgage Applications Decrease in Week Following TRID Implementation

Polsinelli on 10/16/2015

New data from the Mortgage Bankers Association (MBA) shows that total mortgage applications decreased 27.6 percent from the previous week as a result of CFPB’s TILA-RESPA integrated disclosures (TRID) rule, which became...more

Transitional period and initial supervisory practice over TRID

Ballard Spahr LLP on 10/13/2015

The CFPB sent industry trade groups a letter on October 1, 2015 to address the approach of the FFIEC member agencies during the initial months following the implementation of the TILA-RESPA Integrated Disclosure (TRID) rule...more

6 Results

View per page

Page: of 1