5,948 results found

Following a now familiar approach, the CFPB issued a bulletin today that suggests deep disapproval of an entirely legal practice.

That look you get when you realize you just bought property at a foreclosure sale that is still subject to liens …

Under the terms of the Consent Orders, Paymap and LoanCare are enjoined from further misrepresentations regarding the nature of the program and each must submit a compliance plan to the CFPB...

In Covarrubias v. CitiMortgage, Inc ., the plaintiff brought a lawsuit against CitiMortgage, claiming it improperly foreclosed on her home by failing to comply with U.S. Department of Housing and Urban Development regulations incorporated into her deed of trust.

Late last year, the Federal Trade Commission (FTC) released the final amendment to its Safeguards Rule, expanding on the types of entities covered by the Safeguards Rule and the specific elements...

The Congressional Research Service reviewed the regulatory status of Fannie Mae and Freddie Mac and issues that the government-sponsored enterprises might face in emerging from conservatorship.

The CFPB published in the Federal Register its request for comment on Regulation C, which implements the Home Mortgage Disclosure Act.

The Compliance Guide provides an overview of how the final rule, which will be published as 12 C.F.R. §330, affects the coverage rules for trusts, as well as for mortgage servicing accounts.

On August 18, the California Department of Financial Protection and Innovation (DFPI) announced a $2.3 million settlement with a former mortgage lender and servicer for alleged violations...

Justice Eileen Bransten of the New York County Supreme Court denied in part and granted in part defendants’ motion to dismiss a loan repurchase lawsuit.

The staff of the Securities and Exchange Commission’s (SEC) Division of Investment Management (Staff) recently supplemented its "Frequently Asked Questions on Form ADV and IARD" (FAQ) webpage to provide additional guidance for exempt reporting advisers (ERAs) under section 203(l) and 203(m) of the Investment Advisers Act .

In what is perceived as a compromise between Board members, the Financial Accounting Standards Board (FASB) has voted to postpone implementation of its rules mandating expensing of stock options.

As we have discussed in earlier memoranda, the Financial Accounting Standards Board (FASB) has proposed new standards for required disclosures of possible losses and liabilities (the 2010 Exposure Draft).

The FCA has published a new webpage setting out the key findings of its multi-firm supervisory review of MiFID II costs and charges disclosure.

A registered futures commission merchant settled CFTC charges for failing to supervise accounts and for missing "indications" that an introducing broker was defrauding customers.

Upon completing their review, the agencies decided not to propose any changes at this time.

The Federal Reserve issued "Supervision FAQs on the Transition away from LIBOR."