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California enacts consumer financial protection law

Posted by Compliance Team on 10/07/2020

The California legislature recently enacted a new consumer protection law, called the Consumer Financial Protection Law (CFPL).

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FHFA, other agencies announce extension of COVID-related policies

Posted by Compliance Team on 09/16/2020

On Aug. 26, the Federal Housing Finance Agency (FHFA) announced an extension of its policies providing for Fannie Mae and Freddie Mac (the GSEs) to continue to purchase loans that entered a COVID-related forbearance prior to purchase. The GSEs’ policies were set to expire Aug. 31, but the announcement extends the policies to Sept. 30.

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