On November 20, 2019, the CFPB published its Fall 2019 Rulemaking Agenda as part of the Fall 2019 Unified Agenda of Federal Regulatory and Deregulatory Actions.
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1/22/20 2:18 PM
Kathy Kraninger's First Year as Director of the CFPB
Posted by
SoftPro on 1/22/20 2:18 PM
Kathy Kraninger's first year as Director of the Consumer Financial Protection Bureau (CFPB) saw a question on constitutionality, the decision to not change the name of the CFPB, and an increase in enforcement.
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1/22/20 9:03 AM
California Issues the California Consumer Privacy Act
Posted by
SoftPro on 1/22/20 9:03 AM
On June 28, 2018, the state of California introduced Assembly Bill 375, or the California Consumer Privacy Act.
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10/21/19 9:22 AM
Appraisal threshold increased for the first time in 25 years
Posted by
SoftPro on 10/21/19 9:22 AM
As of October 9, 2019, select home sales of $400,000 and under no longer required an appraisal. Before this date, that only applied to sales of $250,000 and under. Last year, federal regulators proposed increasing the appraisal threshold for the first...
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10/17/19 9:47 AM
Supreme Court Brief filed over CFPB constitutionality concerns
Posted by
SoftPro on 10/17/19 9:47 AM
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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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]
Posted by
SoftPro on 9/24/19 3:06 PM
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
Posted by
SoftPro on 9/16/19 11:38 AM
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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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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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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