Tag: RESPA

Court Wants Changes for CFPB

Filed in Codes and Regulations, Housing Finance, Legal by on October 12, 2016 0 Comments
Court Wants Changes for CFPB

The U.S. Court of Appeals for the District of Columbia on Oct. 11 decided an important case reining in the authority of the Consumer Financial Protection Bureau.

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Appeals Court Discusses Constitutionality of CFPB in PHH Kickback Case

Filed in Home Building, Housing Finance, Legal by on April 14, 2016 0 Comments
Appeals Court Discusses Constitutionality of CFPB in PHH Kickback Case

The U.S. Court of Appeals for the District Columbia Circuit heard oral arguments on April 12 in PHH v the Consumer Financial Protection Bureau, a case regarding marketing service agreements.

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CFPB Announces Crackdown on Marketing Service Agreements

Filed in Codes and Regulations by on October 12, 2015 0 Comments
CFPB Announces Crackdown on Marketing Service Agreements

The Consumer Financial Protection Bureau (CFPB) on Oct. 8 issued a bulletin providing the mortgage industry guidance regarding marketing service agreements.

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New Mortgage Lending Rules Take Effect Tomorrow

New Mortgage Lending Rules Take Effect Tomorrow

Heads up: The Consumer Financial Protection Bureau’s new mortgage lending rules will take effect Oct. 3.

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HUD-1 Form Will Disappear on Oct. 3

Filed in Homeownership, Housing Finance by on September 18, 2015 2 Comments
HUD-1 Form Will Disappear on Oct. 3

The Consumer Financial Protection Bureau will institute new mortgage lending rules on Oct. 3. Learn more about the new rules and download NAHB resources to help you comply.

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CFPB Guide Helps Builders Comply with Oct. 3 Lending Rules

Filed in Homeownership, Housing Finance by on August 19, 2015 0 Comments
CFPB Guide Helps Builders Comply with Oct. 3 Lending Rules

The Consumer Financial Protection Bureau has released a new online tool to help real estate professionals, lenders and other industry professionals learn about impending changes to mortgage lending rules that will become effective on Oct. 3.

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CFPB Announces New Lending Rules Set for Oct. 3

CFPB Announces New Lending Rules Set for Oct. 3

The Consumer Financial Protection Bureau (CFPB) announced today that it will be instituting new mortgage lending rules effective Oct. 3. The implementation date was originally scheduled for Aug. 1 and then pushed back to Oct. 1, before being delayed an additional 48 hours due to late paperwork filings.

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New Lending Rules Delayed Until Oct. 1; NAHB Webinar Will Help You Comply

Filed in Homeownership, Housing Finance by on June 18, 2015 2 Comments
New Lending Rules Delayed Until Oct. 1; NAHB Webinar Will Help You Comply

In a victory for consumers, builders, lenders and other industry stakeholders, the Consumer Financial Protection Bureau (CFPB) has announced that new mortgage lending rules scheduled to take effect on Aug. 1 will be delayed until Oct. 1.

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CFPB Responds to Enforcement Concerns Over New Lending Rules

CFPB Responds to Enforcement Concerns Over New Lending Rules

At NAHB’s urging, the Consumer Financial Protection Agency (CFPB) today announced it will work with lenders and others who are trying to comply with new mortgage lending rules that will take effect on Aug. 1 to delay enforcement procedures.

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Get the FAQ on New Closing Rules that Take Effect Aug. 1

Filed in Homeownership, Housing Finance by on May 15, 2015 3 Comments
Get the FAQ on New Closing Rules that Take Effect Aug. 1

As NAHBNow reported last month, the Consumer Financial Protection Bureau will institute new rules on Aug. 1 regarding disclosures under the Truth in Lending Act and Real Estate Settlement Procedures Act that will affect all home builders, particularly those with a real estate lending arm. NAHB has put together a new FAQ and other resources to prepare you for the changes so that your home closings will not be delayed.

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