A&B ABstract: The Federal Housing Finance Agency has expanded the number of languages for which it provides translated documents as part of its Mortgage Translations clearinghouse. On September 30, the Federal Housing Finance Agency (“FHFA”) announced that it has added Korean, Tagalog, and Vietnamese language resources to its Mortgage Translations clearinghouse. The update represents the […]
A&B to Host CFPB Servicing Enforcement Webinar on October 6
On October 6, Alston & Bird will host “CFPB: Current Enforcement Measures Related to Mortgage Servicing,” a webinar that will explore why there has been a discernible uptick in enforcement activity and how Director Kraninger’s continued focus on these activities affect Mortgage Servicing activities. The panelists will provide perspective on the dynamics of the CFPB’s […]
Alston & Bird Hosts Calabria, Kraninger to Discuss COVID-19 Challenges
A&B ABstract: On June 15, Alston & Bird partners Nanci Weissgold and Brian Johnson hosted Dr. Mark A. Calabria, Director of the Federal Housing Finance Agency, and Kathy Kraninger, Director of the Consumer Financial Protection Bureau, to discuss federal regulatory responses to the COVID-19 pandemic and how they affect consumer lending and mortgage servicing. […]
Alston & Bird Financial Services Regulatory Speaker Webinar Series
On June 15, from 1 to 2 p.m., Alston & Bird will host the inaugural event in its Financial Services Regulatory Speaker Webinar Series. The event will feature a discussion with Dr. Mark A. Calabria, Director of the Federal Housing Finance Agency and Kathy Kraninger, Director of the Consumer Financial Protection Bureau, discussing federal regulatory […]
CFPB Announces Two Updates Relating to COVID-19 Pandemic
A&B ABstract: Last week, the Consumer Financial Protection Bureau issued two announcements of interest to servicers as they continue to respond to borrowers impacted by the COVID-19 pandemic. Consumer Complaint Report: On May 21, the CFPB issued a report analyzing approximately 4500 complaints relating to the COVID-19 pandemic. Among other findings, the report indicates that […]