Citing Operational Challenges, CFPB May ReWrite TRID

By | Bank Law Monitor | April 28, 2016

Today, the CFPB issued a letter to various industry trade groups, including the Mortgage Bankers Association, the American Bankers Association, and the Independent Community Bankers of America,  acknowledging that the implementation of the “Know Before You Owe” rule  (otherwise known as “TRID”) poses many “operational challenges.”

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Industry Trade Groups’ Renewed Challenge to HUD Disparate Impact Rule Could Yield Helpful Precedent for ECOA Cases

By | CFPB Monitor | April 28, 2016
Industry Trade Groups’ Renewed Challenge to HUD Disparate Impact Rule Could Yield Helpful Precedent for ECOA Cases

The D.C. district court recently granted two industry trade associations whose members sell homeowners insurance leave to file an amended complaint in their lawsuit challenging the Fair Housing Act (FHA) disparate impact rule (Rule) adopted by the U.S. Department of Housing and Urban Development (HUD). 

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The FCC’s Consumer Broadband Labels: An Avenue for Meeting the FCC’s Open Internet Transparency Requirements?

On April 4, 2016, the Federal Communications Commission (FCC), in collaboration with the Consumer Financial Protraction Bureau, unveiled standardized consumer broadband labels that will list information about the price and performance of fixed and mobile broadband service.

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