Statute
RESPA
88 published works
Consumer Finance Monitor
CFPB Director Cordray Responds to Senator Corker Letter
The CFPB responded to a letter from Senator Corker (R. Tenn.) requesting the Bureau to release official guidance on what constitutes a technical error under the TILA/RESPA Integrated Disclosure (TRID)…
Subject to Inquiry
Oral Arguments in PHH Case Signal Trouble for CFPB
By Government Investigations Group
The D.C. Circuit held oral arguments on April 12, 2016 in the case PHH Corp v. Consumer Financial Protection Bureau (CFPB), a case challenging the CFPB’s constitutionality as well as…
Consumer Financial Services Review
U.S. Court of Appeals for the D.C. Circuit Sharply Questions CFPB At Oral Argument In PHH Corp. v. CFPB
By Steven M. Kaplan, Ori Lev, Phillip L. Schulman, Stephen Lilley, Christopher E. Shelton
The hearing before the U.S. Court of Appeals for the D.C. Circuit in PHH Corp. v. Consumer Financial Protection Bureau on April 12 was a tale of two arguments. The…
International Financial Law Prof Blog
TILA-RESPA Integrated Disclosure rule implementation (Construction & Real Estate)
TILA-RESPA Integrated Disclosure rule Construction loan factsheet: An overview of how the integrated disclosure rule may be applied. Compliance guide: A plain-language guide to the new rules in a FAQ…
Consumer Finance Monitor
CFPB Staff Will Present TRID Rule Webinar
The CFPB staff will present an informational webinar on Tuesday, April 12, 2016 to address issues with the TILA/RESPA Integrated Disclosure (TRID) rule in connection with questions that have been…
Consumer Finance Spotlight
Third Circuit Affirms Summary Judgment for M&T in RESPA Class Action Involving Private Mortgage Insurance Reinsurance
Andrew Soven, Dan Booker and Molly Campbell secured a precedential Third Circuit victory of a putative class action asserted against firm client M&T Bank Corp. and its subsidiaries claiming that,…
MoFo ReEnforcement: The Enforcement Blog
CFPB Argues Statute of Limitations Not Applicable in Certain UDAAP Actions
On January 15, 2016, the CFPB filed a brief opposing a motion to dismiss in the Matter of Integrity Advance, LLC (“Integrity”) asserting that there is no time bar for…
MoFo ReEnforcement: The Enforcement Blog
#ThrowbackThursday: CFPB as HUD: Another Section 8 Consent Order Displays CFPB’s RESPA Approach
In October 2014, Morrison & Foerster published the client alert “CFPB as HUD: Another Section 8 Consent Order Displays CFPB’s RESPA Approach.” Summary: In a recent RESPA enforcement action, the…
Southeast Financial Litigation Monitor
TRID: The Next Consumer Litigation Frontier?
The residential mortgage market underwent a significant regulatory change on October 3, 2015, when the TILA-RESPA Integrated Disclosure (TRID) rule went into effect. TRID was promulgated by the Consumer Financial…
Subject to Inquiry
The CFPB Strongly Scrutinizes MSAs Under RESPA
By Government Investigations Group
The Consumer Financial Protection Bureau (CFPB) recently provided guidance discouraging mortgage industry participants from entering into marketing services arrangements (MSAs). An MSA is an agreement under which a settlement service…