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Lender Rules Altered by the CFPB

Lender Rules Altered by the CFPB

OVERVIEW OF LENDER RULES The Consumer Financial Protection Bureau (CFPB) released a final ruling to take effect January 18, 2018. This final ruling creates new lender rules. Payday loans, auto title loans, and deposit advances are all affected. Also, the new…

Mortgage Initiative from the CFPB

Mortgage Initiative from the CFPB

The CFPB’s mortgage initiative helps consumers understand their loan options, shop for the mortgage that’s best for them, and avoid costly surprises at the closing table. The Know Before You Owe mortgage disclosure rule replaces four disclosure forms with two…