Lawyers USA Online » Home Ownership and Equity Protection Act http://lawyersusaonline.com Your Business Partner Wed, 22 May 2013 14:16:16 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 CFPB issues new mortgage rules  http://lawyersusaonline.com/blog/2013/01/11/cfpb-issues-new-mortgage-rules/ http://lawyersusaonline.com/blog/2013/01/11/cfpb-issues-new-mortgage-rules/#comments Fri, 11 Jan 2013 14:17:51 +0000 Kimberly Atkins http://lawyersusaonline.com/?p=90503 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.

“Addressing problems in the mortgage market is critical to helping our economy recover,” said CFPB Director Richard Cordray in a statement announcing the rules
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]]> http://lawyersusaonline.com/blog/2013/01/11/cfpb-issues-new-mortgage-rules/feed/ 0 Lender not liable for ‘yield spread premium’  http://lawyersusaonline.com/blog/2010/12/07/lender-not-liable-for-%e2%80%98yield-spread-premium/ http://lawyersusaonline.com/blog/2010/12/07/lender-not-liable-for-%e2%80%98yield-spread-premium/#comments Tue, 07 Dec 2010 20:48:27 +0000 Pat Murphy http://lawyersusaonline.com/blog/2010/12/07/lender-not-liable-for-%e2%80%98yield-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.

The plaintiff obtained an adjustable home loan in the amount of $63,200. She later sought to rescind the
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