Miller Samuel
APRIL 27, 2019
Back on April 19th , I wrote about the New York AMC law in my Housing Notes newsletter. After years of AMCs chipping away at the public trust, the New York AMC law was designed to protect the consumer. Here is the NYS "AMC Law" as a PDF or in plain text on the landing page of the law. No, it isn't.
Housing Wire
MARCH 26, 2021
The lawsuit, which combined two legal actions that were designated a class action, was filed on behalf of 5,377 loan officers and other mortgage staffers employed by the bank in California from 2013 and 2019. Wells Fargo agreed to pay $95.7 The deal will provide $62.8 A settlement with the U.S.
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Housing Wire
SEPTEMBER 28, 2020
With the official passage of the California Consumer Protection law on Friday, California’s Department of Business Oversight will be renamed the California Department of Financial Protection and Innovation and given expanded powers. California Gov. California Gov. Gavin Newsom signed the bill, originally introduced on Jan.
Housing Wire
OCTOBER 20, 2022
The panel found that the “design of the CFPB violated the Constitution because it receives funding through the Federal Reserve, rather than appropriations legislation passed by Congress,” reads a story on the decision by Politico.
Housing Wire
APRIL 12, 2022
In a lawsuit, the CFPB claims that TransUnion and subsidiary TransUnion Interactive, as well as John Danaher, executive vice president for the division until February 2022, misled consumers and flouted a 2017 consent order with the CFPB for the same practices “the day it went into effect.”. Presented by: Black Knight.
Housing Wire
JUNE 2, 2023
District Court for the Eastern District of Pennsylvania , ESSA “failed to provide mortgage lending services and did not serve the credit needs of majority-Black and Hispanic neighborhoods in the Philadelphia metropolitan area” from 2017 to 2021. Under a consent order still subject to court approval, ESSA has agreed to invest $2.92
Housing Wire
JANUARY 27, 2022
NFIP provides over five million policies, according to CRS, in jurisdictions that meet federal criteria on building, design standards, and risk index. billion, despite Congress having canceled $16 billion in debt in October 2017. Two of the most powerful U.S. As of December, NFIP’s borrowing authority had dwindled to $9.9
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