InfoBytes

InfoBytes Highlights

• CFPB Proposes Rule to Define "Larger Participants" in the Consumer Debt Collection and Consumer Reporting Markets
• Legislators Move Forward on Bill to Address Non-Waiver of Privileged Documents Submitted to CFPB
• CFPB Issues Draft Monthly Mortgage Statement, Outlines Future Mortgage Servicing Rules
• FFETF Launches Federal-State Financial Fraud Consumer Protection Working
• FTC Submits Information Regarding 2011 Enforcement Actions and Planned 2012 Activities
• Banking Agencies Extend Deadline to Request Independent Foreclosure Review
• FinCEN Issues Advisory Regarding Foreign-Located Money Services Businesses
• Federal Reserve Releases Mortgage Servicing Monetary Sanction Orders
• Senate Banking Chairman Requests Audits of Community Bank and Credit Union Exam Processes
• NMLS Holds Annual User Conference and Training
• HUD Withdraws Rule Proposed to Allow Farm Credit System Institutions to Participate in FHA Mortgage Insurance Program
• HUD Clarifies Requirements Regarding Closing a Loan in the Name of an FHA-Approved Mortgagee Acting as a Sponsored Third Party Originator
• HUD Announces Multifamily Low Income Housing Tax Credit Pilot Program
• Freddie Mac Releases Detailed Procedures for Tracking Expenses
• Fannie Mae Discontinues National Monthly Median Cost of Funds Index and Revises Delinquency Status Code Descriptions
• Freddie Mac Updates Selling Guide Regarding Guaranteed Rural Housing and Newly Constructed Homes, Advises Sellers Regarding SEC Disclosures
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