Finance

Consumer Financial Protection Bureau Adopts Rule to Improve Consumer Access to Appraisal Reports

Rule gives consumers additional rights to information on how a home value is determined WASHINGTON, D.C.—(ENEWSPF)—January 18, 2013. Today the Consumer Financial Protection Bureau (CFPB) adopted a new rule that requires mortgage lenders to provide applicants with free copies of all appraisals and other home-value estimates. The rule will ensure[Read More…]

Consumer Financial Protection Bureau Rules to Prevent Loan Originators From Steering Consumers into Risky Mortgages

WASHINGTON, D.C.–(ENEWSPF)–January 18, 2013. The Consumer Financial Protection Bureau (CFPB) is issuing rules to prevent mortgage lenders from steering borrowers into risky and high-cost loans. The rules ban certain incentives that loan originators had to sell unsafe loans to consumers in the run-up to the financial crisis. “Before the financial[Read More…]

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