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CFPB Amends Mortgage Servicing COVID-19 Rule

On June 28, 2021, the Consumer Financial Protection Bureau (CFPB) issued a 208-page final rule amending the Real Estate Settlement Procedures Act (RESPA) regarding COVID-19 related hardship provisions. This 2021 Mortgage Servicing COVID-19 Rule is ef...
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Upcoming New Rules from the CFPB

On June 11, 2021, the Consumer Financial Protection Bureau (CFPB) published a rulemaking agenda highlighting upcoming regulatory changes to be made by the CFPB. Among these changes, the CFPB intends to issue a Notice of Proposed Rulemaking in Septemb...
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CFPB Publishes Error Resolution FAQs

On June 4, 2021, the Consumer Financial Protection Bureau (CFPB) published eight Frequently Asked Questions about Regulation E and unauthorized electronic fund transfers (EFTs) and error resolution. EFTs and error resolution procedures have grown in ...
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Prison Time for Disclosing SARs

On June 3, 2021, the United States Attorney for the Southern District of New York announced a former senior advisor with the Financial Crimes Enforcement Network (FinCEN) is going to prison for unlawfully disclosing Suspicious Activity Reports (SARs)...
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