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Tag: Regulatory Updates

CFPB Announces Federal Consumer Financial Law Task Force

On October 11, the CFPB announced a new task force to harmonize and modernize federal consumer financial laws.

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CFPB Announces Enhancements to Consumer Complaint Database

On September 18th, the CFPB announced changes to its public consumer complaint database.

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CFPB Releases Qualified Mortgage ANPR

On July 25th, the CFPB issued an Advance Notice of Proposed Rulemaking (ANPR) requesting input on the so-called ‘GSE Patch.’

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FTC Proposes Additional Requirements to GLBA Safeguards Rule

A summary of the FTC's proposed specific requirements and what to expect from the final rule.

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Auto Lenders Beware: State Regulatory Enforcers Step In Where Federal Enforcers Back Off

Increased regulation from state enforcers put more pressure on auto lenders.

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District of Columbia Legislative Update

DISTRICT OF COLUMBIA L22-0189   The Council of the District of Columbia recently enacted the Revised Uniform Law on Notarial Acts Act of 2018 (“Act”), effective December 4, 2018.   “Acknowledgment” means a declaration by an individual that states the individual has signed a record for the purposes stated in the record and, if the […]

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Why Dodd-Frank Reforms Are Good For Business

A decade after Dodd-Frank was created to protect consumers a new set of reforms aims to balance it out and revive the local mortgage market.

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