NYDFS releases its Cybersecurity Program Template
NYDFS created the template to help licensees develop cybersecurity programs as required by 23 NYCRR Part 500.
District Court denies mortgage lender’s motion to dismiss against CFPB
The CFPB sued the lender for violating HMDA and Regulation C by intentionally misreporting borrower data pursuant to a prior consent order.
FSOC releases report on nonbank mortgage servicing
The report analyzes sector growth, highlighting strengths and vulnerabilities, particularly in financial stress scenarios.
HUD and mortgage lender reach agreement on Montana fair lending complaint
The mortgage company agreed to a Conciliation Agreement, including a $65K settlement, increased oversight and policy changes.
West Virginia Senate Bill 613 effective June 3 [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.