• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar

Alston & Bird Consumer Finance ABstract

  • Home
  • Services
  • Contacts

Consumer Financial Protection Bureau (CFPB)

CFPB, NCUA Sign MOU Regarding Cooperation

January 15, 2021 By Kelley Barnaby

The Consumer Financial Protection Bureau (CFPB) and the National Credit Union Administration (NCUA) have signed a Memorandum of Understanding (MOU) to facilitate and improve coordination between the agencies. The CFPB and NCUA have overlapping supervision authority over credit unions with over $10 billion in assets. Both agencies will engage in semi-annual “strategy planning sessions” to […]

Filed Under: Consumer Financial Protection Bureau (CFPB) Tagged With: #MOU, #NCUA

CFPB Issues “Seasoned Qualified Mortgage” Rule

January 4, 2021 By Stephen Ornstein

  A&B ABstract:  On December 10, 2020, the Consumer Financial Protection Bureau (CFPB) issued an innovative final rulemaking that creates a pathway to “safe harbor” Qualified Mortgage (QM) status for performing non-QM and “rebuttable presumption” QM loans that meet certain performance criteria portfolio requirements over a seasoning period of at least 36 months and that […]

Filed Under: Consumer Financial Protection Bureau (CFPB), Mortgage Loans Tagged With: #QualifiedMortgage, QM

CFPB Retires the “QM Patch” and Revises QM Rules

December 28, 2020 By Stephen Ornstein

A&B ABstract: In a significant final rulemaking with potentially far-reaching consequences for the residential mortgage markets, the Consumer Financial Protection Bureau (“CFPB”) is terminating the “QM Patch” and significantly revising the criteria for what constitutes a qualified mortgage (“QM”) loan. Notably, in this rule, issued on December 10, 2020, the CFPB replaces the dreaded Appendix […]

Filed Under: Consumer Financial Protection Bureau (CFPB), Dodd-Frank Act, Mortgage Loans Tagged With: #AbilitytoRepay, #QMPatch, #QualifiedMortgage

Could President Biden Appoint an Acting CFPB Director Under the FVRA? Not if He Fires Director Kraninger First

November 10, 2020 By Brian Johnson

In a November 10 client advisory, our Financial Services & Products Group explores the case law and academic research surrounding the implications of a President removing a Senate-confirmed department head before the end of their term. Would an acting director’s actions be lawful? What does Dodd–Frank say? More importantly, what does the Federal Vacancies Reform […]

Filed Under: Consumer Financial Protection Bureau (CFPB)

CFPB Rescinds Compliance Bulletin on Marketing Services Arrangements and Issues FAQs on RESPA Section 8

October 8, 2020 By Nanci Weissgold, Brian Johnson and Anoush Garakani

A&B ABstract:  On October 7, 2020, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) rescinded Compliance Bulletin 2015-05, RESPA Compliance and Marketing Services Agreements (“Bulletin 2015-05”).  In addition, the Bureau published Frequently Asked Questions (“RESPA FAQs”) on the Real Estate Settlement Procedures Act (“RESPA”) Section 8 topics in an effort to “provide clearer rules of […]

Filed Under: Consumer Financial Protection Bureau (CFPB), Department of Housing and Urban Development (HUD), HUD, Real Estate Settlement Procedures Act (RESPA) Tagged With: #CFPB, HUD, Marketing Services Agreements, MSA, RESPA, Section 8

  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Interim pages omitted …
  • Go to page 10
  • Go to Next Page »

Primary Sidebar

RECEIVE EMAIL NOTIFICATIONS WHEN NEW POSTS ARE ADDED.

A confirmation email has been sent to the email address provided.


Tags

#California #CCPA #CFPB #COVID=19 #debtcollection #evaluations #eviction #moratorium #FCRA #FDCPA #GSEs #Massachusetts #NYDFS #Part419 #Privacy #QMPatch #QualifiedMortgage #SupervisoryHighlights #validwhenmade Ability to Repay abusive ATR/QM CARES Act Case law Covid-19 Credit Reporting CSBS Cybersecurity data breach Debt Collection Delaware DOJ Eleventh Circuit FACTA Forbearance Foreclosure HUD Mortgage Servicing passive investors QM QM Patch Regulation F SCRA Servicing student loan servicing UDAAP

Secondary Sidebar

Categories

Recent Posts

  • CFPB, NCUA Sign MOU Regarding Cooperation
  • Federal Court Dismisses Lawsuit Challenging Minnesota Eviction Moratorium
  • CFPB Issues “Seasoned Qualified Mortgage” Rule
  • DOJ Trustee Program Settles with Servicers
  • CFPB Retires the “QM Patch” and Revises QM Rules
Copyright © 2021 · Alston & Bird · All Rights Reserved. Privacy.
This website uses cookies to improve functionality and performance. By continuing to browse this site, you are consenting to the use of cookies on this website. OkCookie policy