PPT-The 4 CFPB Final Rules of the

DoddFrank Wall Street Reform and Consumer Protection Act December 2013 Agenda 1 LO Compensation 2 ATR QM TQM 3 ECOA amp HPML 4 HOEPA amp Home Counseling Agenda In the 2010 DoddFrank Wall Street Reform and Consumer Protection Act DoddFrank Act aka DFA Congress adopted Ability to Repay ATR requirements on closedend mortgage loans and also established a presumption of compliance with certain mortgages called Qualified Mortgages QM and other changes affecting the origination of mortgage loans such as LO Compensation ECOA HPML and Home Ownership Counseling. CFPB January 2014 Procedures 1 These Mortgage Origination Examination covering the various elements of the mortgage module identifies specific matters for review. Examiners will use the Procedures in CFPB May 2015 Procedures 1 on Examination Procedures (Procedures) consist of modules covering the various elements of the mortgage origination process; each module identifies specific matters for rev CFPB Mortgage Servicing CFPB January 2014 Procedures 1 Mortgage Servicing A fter completing the risk assessment and examination scoping , examiners should use these procedures , in conjunction wit CFPB January 2014 Procedures 1 These Mortgage Origination Examination covering the various elements of the mortgage module identifies specific matters for review. Examiners will use the Procedures in Presented by: Hudson Cook LLP. Allen Denson, DC Office. Justin Hosie, TN Office. Blake . Sims,. TN Office. October 21-23, 2016. DFA PROHIBITION OF UDAAPs. Sections 1031 and 1036 of Consumer Financial Protection Act (Title X of Dodd-Frank Act):. TRID and Closings. Eugene Marconi. Legal Counsel. Berkshire Hathaway HomeServices New England Properties. Consumer Financial Protection Bureau. “CFPB”. Federal agency overseeing the Truth-in-Lending and Real Estate Settlement Procedures Acts. . Consumer Complaint Management, . Social Media & UDAAP. BCAC Seminar . March 2012. Objectives and Summary. 2. Current Regulatory Landscape / CFPB. Complaint Management. Role of Social Media. From UDAP to UDAAP ~ Abusive Standard. Know before you close.. An Introduction to the . CFPB. Know before you close.. What is the CFPB?. CFPB Stands for the . CONSUMER FINANCIAL PROTECTION BUREAU. It is an Independent Bureau within the Federal Reserve System that was created by the Dodd Frank Wall Street Reform and Consumer Protection Act.. Richard P. Hackett, Esq.. NCHER Winter Legal Meeting. January 24, 2014 . 1/23/2014. 1. Disclaimers. Rules for former CFPB executives (what I can’t talk about). I come to channel Chopra, not to praise him.. Consumer Financial Services Group. Ballard Spahr LLP. 215.864.8535. culhane@ballardspahr.com. Regulatory Round up . Federal Efforts Impacting . Student Loan Servicing and Collections. NCHER Spring Convention. 1 of 7 Using your logo with Your Home Loan Toolkit If you plan to use Your Home Loan Toolkit with customers and clients, you’ll �nd the legal requirements to do this, and practical JUNE 19 2012A Snapshot of Complaints Received2The Consumer Financial Protection Bureau 147CFPB148 or 147Bureau148 began consumer response operations on July 21 2011 and became the first federal agency avoidance proceduresForeclosure avoidanceIn response to the poor experience of many distressed borrowers during the mortgage crisis the CFPB is putting in place new procedures to facilitate borrowers1  . For many people with disabilities, assistive devices may help the person achieve independence so they can reach their other goals . Assistive devices may be large cost of the device or serv