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Ability-to-Repay Rule for Mortgages Nears CFPB Approval

"Here's what should be the least surprising lending advice you've ever heard: If you are going to lend money, you should probably care about getting paid back,"
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Annaly: The New CFPB Rules Could Help This Sector

Business & Finance / Investing : Seeking Alpha (2 years ago)

By Regarded Solutions: I have been going over the new rulings of the CFPB pertaining to the mortgage lending requirements as outlined for lending institutions and banks, such as Bank of America (BAC). As we all know, the mortgage ra... Read Post

Consumer Financial Protection Bureau Issues Rule to Protect Consumers from Irresponsible Mortgage Lending

Business & Finance / Real Estate : Appraisal Scoop (2 years ago)

Rule Requires Lenders Ensure Borrowers Have the Ability to Repay Their Mortgage WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) adopted a new rule that will protect consumers from irresponsible mortgage lend... Read Post

8 Pipe Dreams The CFPB Hopes Will Change Mortgage Lending For Good

Business & Finance : Business Insider: Clusterstock (3 years ago)

The Consumer Financial Protection Bureau just rolled out eight new rules aimed at preventing lenders from falling back to their old tricks once the dust settles around the housing crisis. The rules aren't final yet – the agency pitc... Read Post

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