While the CFPB has proposed to ease its payday lending rule, a House Financial Services subcommittee is considering an interest rate cap on payday loans.
The institute has called for full public release of multifamily lending data collected for 2018. Meanwhile, the CFPB said it will retire its HMDA explorer tool in the coming months.
Foreign investor interest in the U.S. multifamily sector has spiked in recent years, and has pushed values higher and increased liquidity. The only problem: The properties might be overvalued.
Zillow failed to win an early dismissal of a suit alleging its co-marketing program violated RESPA. Separately, a group of lenders including Bank of America will face revived kickback claims under RESPA.