Statute
RESPA
88 published works
Financial Institutions Law Blog
CFPB Releases Exam Procedure Updates For TILA and RESPA
On August 15 the Consumer Financial Protection Bureau released updates to its examination procedures in connection with the new mortgage regulations that were issued in January. These updates offer valuable…
Corporate and Securities Law
CFPB Takes Action Against Real Estate Kickbacks Under RESPA
Consumer Finance Monitor
FTC staff comments on CFPB’s integrated TILA/RESPA mortgage disclosures proposal
In July, the CFPB released its long-awaited nearly 1,100-page proposal consolidating the application and closing disclosures required by TILA and RESPA for mortgage loan transactions. Comments on the proposed integrated…
Corporate and Securities Law
CFPB Declines to Modify or Set Aside Civil Investigative Demand
Consumer Finance Monitor
CFPB defends length of proposal combining TILA/RESPA mortgage disclosures
The CFPB seems to be feeling defensive about the length of its recently-issued proposal that combines the separate application disclosures and the separate closing disclosures required by the Real Estate Settlement…
PropertyProf Blog
Freeman v. Quicken Loans Inc.
By propertyprof
The Supreme Court recently handed down a decision that could have a substantial effect on the fees that consumers pay during real estate transactions. The case, Freeman v. Quicken Loans,…
Consumer Finance Monitor
U.S. Supreme Court RESPA decision stands as a warning to the CFPB
The Supreme Court's unanimous decision released today in Freeman v. Quicken Loans marks a defeat for the CFPB in the interpretation of RESPA, but also serves to underscore that administrative…
Consumer Finance Monitor
Date’s remarks underscore Bureau’s focus on mortgage reform
On the heels of Director Cordray's remarks about the CFPB's focus on debt collection Deputy Director Raj Date spoke to mortgage industry members at MBA's National Secondary Market Conference in…
Consumer Finance Monitor
“Know before you owe”: goodbye testing; hello SBREFA
The CFPB is conducting this week its final round of testing in its "Know Before You Owe" project. Instead of asking for comments on side-by-side comparisons of prototypes for the…
Consumer Finance Monitor
Another round of mortgage settlement disclosures
Last month, as part of its "Know Before You Owe project," the CFPB began taking comments on two prototypes (named Hornbeam and Ironwood) of a settlement disclosure that combines the…