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Posts about: CFPB


CFPB Releases Factsheet for Calculating Prepaid Interest Under General QM Rule

On February 23, 2022, the Consumer Financial Protection Bureau (“CFPB”) released a factsheet regarding the interest rate used to calculate prepaid...
Author: DocMagic

GSEs Announce Updates to Selling Guide

Fannie Mae released Selling Guide Announcement (SEL-2022-01) on February 2, 2022, to announce recent changes to their Selling Guide, including the...
Author: DocMagic

CFPB annual threshold adjustments for Regulation Z

The Consumer Financial Protection Bureau (“CFPB”) is required to annually calculate the dollar amounts for several provisions in Regulation Z. 
Author: Compliance Team

CFPB publishes analysis of consumer complaints

The Consumer Financial Protection Bureau (“CFPB”) recently published “Consumer complaints throughout the credit life cycle, by demographic...
Author: Compliance Team

CFPB report finds several mortgage-related violations in 2020

Mortgage servicers committed several Regulation X violations in 2020, according to a recent report by the Consumer Financial Protection Bureau (CFPB).
Author: Pauline Vu

CFPB rescinds 7 pandemic-related policy statements

The Consumer Financial Protection Bureau has announced that it is rescinding seven policy statements that were issued last year to assist financial...
Author: Compliance Team
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DocMagic’s Leah Sommerville Recognized with 2022...
CFPB Clarifies scope of States’ Consumer Financial...
MISMO Certifies DocMagic’s Total eClose™ Platform and...
PROGRESS in Lending Names DocMagic’s Director of Client...

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