CFPB Director Kraninger recently delivered remarks during a Consumer Data Industry Association webinar addressing a record-high number of consumer complaints received by the Bureau,...
On June 22, 2020, the Federal Housing Administration (FHA) announced several policy changes to provide mortgagees greater flexibility during the COVID-19 pandemic. These policy...
WBK continues to update its chart of coronavirus-related communications from state mortgage regulators, for use in our state licensing practice. It is available on this...
The CFPB recently issued a set of Frequently Asked Questions relating to its earlier Policy Statement providing guidance for furnishers under the Fair Credit...
The CFPB recently issued a statement announcing that during the COVID-19 pandemic it will provide flexibility to credit card issuers regarding the E-Sign Act’s...
Freddie Mac recently issued guidance to help servicers navigate working with borrowers impacted by COVID-19. Bulletin 2020-21 provides servicers with updated COVID-19 Payment Deferral...
The Federal Reserve recently announced that it is resuming its examination activities for all supervised institutions. Examinations will be conducted offsite until conditions improve...
Pursuant to Mortgagee Letter 2020-16, as of June 15, 2020, and through November 30, 2020, HUD is permitting mortgagees to submit forward mortgage loans...
On May 27, 2020, Fannie Mae updated Lender Letter 2020-07 (LL-2020-07), which outlines Fannie Mae’s previously-announced payment deferral plan that it jointly developed with...
Freddie Mac recently issued Bulletin 2020-19 to address the ongoing economic implications and uncertainty related to the COVID-19 pandemic and impacts on borrowers, sellers,...
