Georgia Gov. Brian Kemp, R, recently signed legislation allowing mortgage lenders and brokers to employ people who were formerly convicted of felonies, but only for out-of-state positions with zero access to Georgia mortgage loans.

The share of borrowers exiting relief in delinquent status is increasing, according to the bureau’s latest report on mortgage servicers’ response to the pandemic.

The lack of discussion on qualified mortgage suggests that revising the standards isn’t a high priority for either lenders or the CFPB.

The bureau will be adding up to 20 new employees, most of them attorneys, as it prepares to take aim at larger firms and recidivism.

The rule affirms the terms under which state attorneys general can pursue claims under the Consumer Financial Protection Act, reflecting the bureau director’s desire to collaborate more closely with state authorities.

Attorneys believe the bureau categorizing some enforcement cases as fair lending-related, even without violations of the Equal Credit Opportunity Act, suggests a shift in its approach on the issue.

The advice from attorneys at the law firm Venable centered around understanding enforcement entities’ motivations and circumstances for bringing the claims.

The bureau reminded lenders that the Equal Credit Opportunity Act prohibits lenders from discriminating against borrowers during the application process, as well as after they receive credit.

A new law will make it easier for Georgia mortgage lenders and brokers to hire former felons for work on out-of-state loans as long as the employee is located outside the state.

CFPB promotes consistent enforcement; memo on false FDIC claims; Florida appeals court rules on attorney’s fee collection letters; CFPB releases sample disclosures in Spanish; Treasury weighs in on loan status of earned wage access; CFPB announces finalizes enforcement action against debt relief firm; CFPB discusses older mobile home residents.