CFPB Issues 2021 LIBOR Transition Rule
The CFPB issued the 2021 LIBOR Transition rule (Rule) amending the Truth in Lending Act (TILA) to address the sunset of LIBOR (which is expected
The CFPB issued the 2021 LIBOR Transition rule (Rule) amending the Truth in Lending Act (TILA) to address the sunset of LIBOR (which is expected
The CFPB announced its annual adjustments to the HOEPA and ATR/QM thresholds in the Truth-in-Lending Act (TILA). With respect to HOEPA loans, the adjusted total
The CFPB announced the asset-size exemption threshold for creditors under the Truth-in-Lending Act (TILA). The asset-size exemption threshold pertains to TILA’s higher-priced mortgage loan escrow
Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.
FHA issued Mortgagee Letter 2024-20 implementing Federal Flood Risk Management Standards for new construction properties located in Special Flood Hazard Areas. On April 23, 2024,
Fannie Mae issued Selling Guide Announcement SEL-2024-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to leasehold estates
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