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Home » Store » Taxable » Regulators Keep Mum on When FACTA’s RBP Notice will be Issued

Regulators Keep Mum on When FACTA’s RBP Notice will be Issued

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The mortgage industry is anxiously awaiting new regulations implementing the “risk-based pricing” notice required under the Fair and Accurate Credit Transactions Act, but there has been no word from federal regulators on when lenders may expect to see those rules. “There’s no possibility of regulation in sight,” said Jerry Buckley, an attorney and a principal at the Washington, DC, law firm Buckley Kolar during a regulatory conference hosted by the Mortgage Bankers Association. …
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