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10/17/19 9:47 AM

Supreme Court Brief filed over CFPB constitutionality concerns

On behalf of the financial bureau, the Department of Justice has formally filed a brief with the Supreme Court asking the courts to determine if the structure of the Consumer Financial Protection Bureau (CFPB) is constitutional.
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10/16/19 4:02 PM

October State Regulatory Updates

Delaware The below endorsements are effective immediately:
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9/24/19 3:06 PM

Do you have the right compliance tools in place? [Free E-book]

The entire real estate world has been working toward compliance for years, going all the way back to RESPA in the 1970s. You’ve always had your customers’ best interests at heart, but now there are more hoops than ever to jump through before you can say...
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9/16/19 11:38 AM

CFPB creates the American Consumer Financial Innovation Network

The newly created American Consumer Financial Innovation Network (ACFIN) is a partnership between the CFPB and various states. It is a network that promotes coordination among federal and state regulators in regards to financial innovation. While all...
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7/24/19 9:24 AM

Freedom Debt Relief Lawsuit Settlement to CFPB

The country’s largest debt-settlement services provider agreed to pay $25 million in fines over allegations that it charged consumers for services it could not provide.
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7/23/19 2:19 PM

July State Regulatory Updates

Check out these updates on predictable fee recording, conveyances of real property, filing and recording fees, and a new TDI rule. Illinois New predictable fee recording chart effective May 20, 2019 for Cook County IL. See new fees here: Cook County...
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4/23/19 2:06 PM

CFPB Semi-Annual Report to Congress

CFPB Director Kathy Kraninger testified before the Senate Committee on March 12th regarding Banking, Housing, and Urban Affairs about the Bureau's semi-annual report to Congress. Lasting about 2.5 hours, the hearing covered the following items:
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3/18/19 9:26 AM

GARC Fee Will Go Into Effect May 1, 2019

In December 2018, the Texas Land Title Association (TLTA) announced that the Guaranty Assessment Recoupment Charge (GARC) collected through 2018 would expire at the end of the year and would not be collected after December 31.
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3/15/19 10:20 AM

Update on ALTA Policy Forms

Below you will find ALTA updates on Closing Protection Letters, new endorsements, technical corrections and a withdrawn endorsement.
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2/6/19 12:33 PM

CFPB Posts New TRID Rule FAQs

The CFPB recently posted responses to frequently asked questions in an effort to provide informal written guidance on the TILA-RESPA Integrated Disclosure (TRID) Rule. Three of the FAQs are related to the Closing Disclosure Form (CDF) and one references...
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