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Fair Lending / Fair Servicing

CFPB Issues Special Mortgage Servicing Report, States Intention to Use Fair Lending Laws to Target Discriminatory Loan Modification Practices

CFPB  •  Default Servicing  •  Enforcement  •  Fair Lending / Fair Servicing  •  Mortgage
On June 22, 2016, the CFPB issued a Mortgage Servicing Supervisory Highlights Special Edition Report, and concluded that mortgage servicers may be violating the servicing rules that the CFPB enacted in January 2014, as a […]

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Treasury Department Weighs in on Online Marketplace Lending

Fair Lending / Fair Servicing  •  Online  •  Regulation  •  Small Dollar Lending/Lenders  •  What You Need To Know - Background Info On Current Issues
On May 10, 2016, the U.S. Treasury Department released a white paper entitled, “Opportunities and Challenges in Online Marketplace Lending.”  The white paper is the result of a request for information that elicited more than […]

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Interagency Guidance: Regulators Will Enforce UDAAP Laws Notwithstanding Repeal of Regulation AA

CFPB  •  Dodd-Frank  •  Enforcement  •  Fair Lending / Fair Servicing  •  FDCPA  •  FDIC  •  FRB  •  OCC  •  State AGs  •  UDAP/UDAAP
The Federal Reserve Board recently made headlines when it repealed its Regulation AA to comply with the Dodd-Frank Act, leading some to wonder how, and to what extent, regulation of financial institutions might change going forward. But the federal agencies charged with regulating […]

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