changes to CFPB

Changes to CFPB: Staying Compliant Despite the Uncertain Future of the CFPB

In 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection, which authorized the creation of the Consumer Financial Protection Bureau. The agency was created to supervise banks, lenders, and other non-bank agencies, such as credit reporting agencies, and protect consumers by keeping them...

CFPB May Soon Change the Way Title Insurance Premiums are Disclosed to Combat Inaccurate Estimates

CFPB May Soon Change the Way Title Insurance Premiums are Disclosed to Combat Inaccurate Estimates

After TRID changed the title insurance process last year, the accuracy of title insurance fee estimates became a contested issue. Following the TILA-RESPA Integrated Disclosure Rule, it became much more difficult to deliver accurate title insurance premium estimates. In particular, concerns with the manner...