Oklahoma amends SAFE Act licensing provisions
The amendments expand the definitions of “mortgage broker” and “servicing” and significantly adjust fees and annual assessments for licensees.
Maine enacts new money transmission law
The legislation amends and repeals many parts of the state’s money transmission laws to align with the Money Transmission Modernization Act.
California DFPI releases Annual Report of Activity
The report highlights investigations, public actions, and consumer outreach efforts under the California Consumer Financial Protection Law.
Virginia enacts new prohibitions against certain EFT fees
The new legislation amends the Residential Landlord and Tenant Act and the Virginia Consumer Protection Act.
CFPB publishes mortgage servicer edition of Supervisory Highlights
The 33rd edition covers select examinations and violations regarding mortgage servicing from April 1, 2023, through Dec. 31, 2023.