The Consumer Financial Protection Bureau (CFPB) has released Frequently Asked Questions regarding the TILA-RESPA Integrated Disclosure Rule and lender credits.
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2/18/20 11:07 AM
The New GSE Focus Special Report from SoftPro and October Research
Posted by
SoftPro on 2/18/20 11:07 AM
Ten years ago, it seemed the real estate and mortgage lending industry had one primary concern when it came to regulatory and compliance: the brand-new Consumer Financial Protection Bureau (CFPB). When the 2010s began, there was no question as to what...
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Check out these updates on the California real estate withholding forms, RON in Florida, Maryland's Withholding Tax Increase, and more!
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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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