CFPB and Fed release updated thresholds for Regulations Z and M
The dollar thresholds for both regulations were increased from $66,400 to $69,500, an increase of 4.6 percent.
HUD seeks comments on update to HECM policy
According to FHA, the proposal “… will support servicer liquidity and strengthen the HECM market for senior homeowners.”
HUD increases inspection fee limits for single-family homes
HUD requires federal mortgage holders to perform property inspections to determine “occupancy status, ascertain property condition and to maintain property preservation.”
FTC publishes letter to CFPB on its law enforcement and public outreach
The CFPB used the information in its annual report to Congress on the Fair Debt Collection Practices Act (FDCPA).
NYDFS introduces guidelines for virtual currency entities
The guidance adopts new requirements for coin-listing and delisting policies of DFS-regulated virtual currency entities.