CFPB Finalizes Modifications to Mortgage Rules

  • Outline procedures for obtaining follow-up information on loss-mitigation applications:WASHINGTON, D.C. - September 13, 2013 - (RealEstateRama) -- The new rule provides specific procedures for servicers to follow if they fail to identify and inform a borrower upon an initial review that certain information is missing from the borrower’s loss mitigation application
  • CFPB Finalizes April Clarifications to Mortgage Rules

    WASHINGTON, D.C. - July 10, 2013 - (RealEstateRama) -- Today, the Consumer Financial Protection Bureau (CFPB) finalized corrections, clarifications, and amendments to its Ability-to-Repay and mortgage servicing rules. Today’s clarifications were first proposed in April 2013 and reflect the Bureau’s commitment to facilitating implementation in order to better protect consumers

    CFPB releases exam procedures for new mortgage rules

    WASHINGTON, D.C. - June 4, 2013 - (RealEstateRama) -- Today, the Consumer Financial Protection Bureau (CFPB) published the first update to its exam procedures for the new mortgage regulations it issued in January 2013. The exam procedures offer financial institutions and mortgage companies valuable guidance on what the CFPB will be looking for as the rules become effective. The new regulations include those on appraisals, escrow accounts, and compensation and qualifications for loan originators

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    FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

    Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

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    Best Apps for Real Estate Agents and Agencies 2020

    Name a business and you will find several relevant apps in the play store that can be useful for your business. The same is the case with the real estate business. Some apps make that tasks of real estate agents and agencies simple and easy. These apps are effective and efficient for both sellers and buyers.