The Federal Housing Finance Agency and mortgage lender groups are raising concerns about the new California data privacy law set to take effect in 2020, saying it doesn’t take into account the impact on mortgage lending.
The U.S. Supreme Court is scheduled to hear a case that will determine whether non-judicial foreclosures are subject to protections provided by the Fair Debt Collection Practices Act. Lower courts have split on the issue, causing problems for servicers and borrowers.