2019 CRA Peer Data Now Available in RiskExec
Asurity announces the successful integration of the 2019 CRA peer data set into RiskExec, its comprehensive web-based compliance reporting and analysis platform that automates HMDA, CRA, redlining, fair lending, and fair servicing processes.
CFPB Releases Assessment of TRID
The CFPB published an assessment of the TRID Integrated Disclosures Rule. The Dodd-Frank Act requires the CFPB to assess each ‘significant rule’ created by the Dodd-Frank Act and to publish the results of the assessment within five years of the rule’s effective date.
CFPB Settles with Mortgage Lenders on Deceptive Loan Advertisements
On September 14th, the CFPB announced the eighth in a series of consent orders with mortgage lenders after investigations uncovered alleged deceptive advertising directed to military service-members and veterans.
Election 2020 & The Future of Fair Lending & Fair Servicing Compliance
While neither candidate for president has really focused on housing and fair lending laws during his campaign, no matter who takes office in 2021, the future of housing finance could look quite different over the next few years.
Asurity Releases SBA Paycheck Protection Program (PPP) Loan Level Data Through RiskExec
Asurity announced the successful integration of the PPP Loan Level Data from the Treasury Department and the SBA into its RiskExec platform.
CFPB Announces Future ANPR on Consumer Financial Access Rights Under Dodd-Frank
On July 24th, the CFPB announced plans to issue an advance notice of proposed rulemaking later this year implementing a section of the 2010 Dodd-Frank Act regarding consumer access to financial records held by, among others, residential mortgage lenders.
CFPB Files Discrimination Suit Against Non-Bank Lender
On July 15th, the Consumer Financial Protection Bureau (CFPB) filed suit against a non-bank lender based in Chicago, alleging violations of the Equal Credit Opportunity Act (ECOA); its implementing regulation, Regulation B; and the Consumer Financial Protection Act (CFPA).