Archives For: Industry Updates

CFPB: Supplemental Notice of Proposed Rulemaking on Time-Barred Debt Disclosures

The Consumer Financial Protection Bureau (CFPB) issued a Supplemental Notice of Proposed Rulemaking regarding the collection of time-barred debt.

21 Feb 2020

President Trump Announces Nomination for Federal Housing Commissioner

President Donald J. Trump announced his intent to nominate Dana T. Wade to be the assistant secretary for housing, federal housing commissioner.

20 Feb 2020

California Bill Aims to Fine Companies in Possession of Vacant Homes

California Senate Bill 1079 would allow jurisdictions (cities/counties) to impose fines on corporations owning multiple single-family homes that have been vacant for more than 90 days. It also would grant tenants the right of first refusal to purchase foreclosed properties. The legislation was introduced on February 19.

19 Feb 2020

Freddie Mac: FHLMC Guide Bulletin 2020-02

Freddie Mac issued a release announcing servicing updates related to cooperative share loans and voluntary partial cancellations.

12 Feb 2020

Allegany County Land Bank Aims for Busy 2020

The Olean Times Herald published an article discussing upcoming initiatives slated for the Allegany County (NY) Land Bank Corporation.

11 Feb 2020

MBA: Mortgage Delinquencies Decrease in Fourth Quarter of 2019

The Mortgage Bankers Association (MBA) highlighted key findings from its fourth quarter 2019 National Delinquency Survey.

11 Feb 2020

CFPB: Testimony of Kathleen L. Kraninger

The Consumer Financial Protection Bureau (CFPB) published the written testimony of Kathleen L. Kraninger before the House Committee on Financial Services. The testimony outlines the bureau’s Fall 2019 Semi-Annual Report to Congress.

6 Feb 2020

Hartford Land Bank Announces Executive Director

The Hartford Courant published an article highlighting the appointment of Laura Settlemyer as executive director of the Hartford (Conn.) Land Bank.

5 Feb 2020

Washington City Considers Joining the County’s Land Bank

The Observer Reporter issued an article outlining the possibility of the City of Washington, Pa., to join the Washington County Land Bank.

5 Feb 2020

CFPB: Executive Team Addition Announcement

The Consumer Financial Protection Bureau (CFPB) announced several additions to its executive team.

30 Jan 2020

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