8/16/18 12:11 PM
CFPB, BCFP, Acting Director, Permanent Director, and more
Posted by
SoftPro on 8/16/18 12:11 PM
Let’s start with the name change… Apparently, the CFPB was actually supposed to be called the BCFP. At a recent speech at the ALTA Advocacy Conference in May, the acting director of the CFPB, Mick Mulvaney, informed the attendees that the name is not the...
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6/18/18 3:45 PM
Permanent CFPB director to be appointed next week
Posted by
SoftPro on 6/18/18 3:45 PM
According to an article published by HousingWire, the White House is expected to name a permanent director of the Consumer Financial Protection Bureau (CFPB) next week. Mick Mulvaney currently serves as the interim director of the CFPB, but his tenure...
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5/4/18 12:29 PM
PHH does not appeal case on CFPB constitutionality to Supreme Court
Posted by
SoftPro on 5/4/18 12:29 PM
PHH Corp has decided not to appeal to the Supreme Court the case where they called into question the constitutionality of the Consumer Financial Protection Bureau (CFPB).
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The ALTA Forms Committee has made technical corrections to the 2016 ALTA Commitment and 2017 ALTA Short Form Commitment for an ALTA Short Form Residential Loan Policy.
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New York – TIRSA – Effective April 9, 2018 On January 10, 2018, the NYS Department of Financial Services approved a Revised TIRSA rate manual. The new rates are effective as of April 9, 2018. The revised rate manual is essentially a restated rate manual.
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The TRID Improvement Act bill passed a full House vote (271-145) on February 14, 2018. The next step is the Senate floor for a vote - however, that can take some time. There are two other possibilities that could help get the bill passed:
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4/20/18 2:08 PM
What you need to know about the CFPB ongoing drama
Posted by
SoftPro on 4/20/18 2:08 PM
It's the end of April, and there's still no permanent Director of the CFPB. The battle between Acting Director Mick Mulvaney and Leandra English is still going strong. On January 30, 2018 English filed a brief for her appeal in response to the January...
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1/31/18 12:22 PM
CFPB declared constitutional by Court of Appeals
Posted by
SoftPro on 1/31/18 12:22 PM
According to HousingWire, in a stunning reversal of its previous decision, the full Court of Appeals for the District of Columbia Circuit ruled Wednesday that theConsumer Financial Protection Bureauis constitutionally structured.
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New Jersey Form and Rate Manual Revision – Effective December 31, 2017
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Director Cordray officially resigned as Director of the CFPB in November and later announced he would run for governor of Ohio. President Trump immediately named his budget director, Mick Mulvaney, as the Acting Director of the bureau. However, prior to...
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