CFPB issues new mortgage rules 
Published: January 11, 2013
Tags: Consumer Financial Protection Bureau, Dodd-Frank Wall Street Reform and Consumer Protection Act, fedearl agency, Home Ownership and Equity Protection Act, mortgage rules
WASHINGTON – The Consumer Financial Protection Bureau has issued new rules designed to boost high-cost mortgage borrowers’ protections and provide them with better information and resources.
Lender not liable for ‘yield spread premium’
By:
Pat Murphy
Published: December 7, 2010
Tags: consumer protection, Home Ownership and Equity Protection Act, TILA, Truth in Lending Act, yield spread premium
A home lender didn’t trigger the protections of federal consumer protection law when it paid a “yield spread premium” to a mortgage broker, the Louisiana Supreme Court has ruled in reversing judgment.
