The Department of Veterans Affairs has issued guidance to VA program participants to ensure that all mortgage loans meet the requirements of the recently enacted Dodd-Frank Act reform law prior to endorsement.
Acting CFPB Director Mick Mulvaney said last week that the bureau will reexamine Obama-era regulations that protect consumers from discrimination in credit transactions. Mulvaney released a statement praising efforts by Congress and the White House to repeal bureau guidance that suggests indirect auto lenders are subject to liability under the Equal Credit Opportunity Act. He then said the bureau will reexamine the requirements of the ECOA ...