The CFPB will assess the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule. We are seeking comments on our plan for the assessment.
Becoming a homeowner is a big decision—both personally and financially. As you decide whether owning a home is the right choice for you right now, here are some financial considerations to keep in mind.
CFPB Releases Report Outlining Strategies for Promoting Diversity and Inclusion in the Mortgage Industry
Report Discusses Current Approaches and Business Case for Diversity and Inclusion
Proposal Would Clarify Requirements and Help Companies Comply
We are seeking comment on our proposal to clarify, make technical corrections, and minor changes to the data that financial institutions are required to collect and report about their mortgage lending, which will improve the quality of mortgage data available to the public.
We recently published our Consumer Response Annual Report, which provides an overview of the complaints we received in 2016.
The Consumer Bureau is proposing changes to Regulation B to help mortgage lenders and is looking for your feedback
Bureau’s $1.75 Million Civil Penalty for Persistent and Substantial Reporting Errors is the CFPB’s Largest Penalty to Date for HMDA Violations
If you want to buy a home but you’re concerned about your credit score or credit history, we can help you understand your choices.