Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently published an advisory opinion to affirm that the Equal Credit Opportunity Act (ECOA)—a landmark federal civil rights law protecting individuals …
CFPB Issues Advisory Opinion on Coverage of Fair Lending Laws Read More
WASHINGTON, D.C. — The Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2021 are now available on the Federal Financial Institutions Examination Council’s HMDA Platform for …
2021 HMDA Data on Mortgage Lending Now Available Read More
WASHINGTON, D.C. — The Federal Housing Administration (FHA) announced on Monday at the Mortgage Bankers Association Commercial/Multifamily Finance Convention & Expo that it is removing temporary COVID-19 underwriting mitigants for multifamily …
FHA Removes Temporary COVID-19 Underwriting Mitigants for Multifamily Transactions Read More WASHINGTON, D.C. — The Federal Housing Administration (FHA) on Thursday announced it is increasing its exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for …
FHA Expands Real-Estate Owned Property Purchase Opportunities for Owner-Occupant Buyers Read More WASHINGTON, D.C. — The Federal Housing Administration (FHA) this past week announced new loan limits for calendar year 2022 for its Single Family Title II forward and Home Equity Conversion …
FHA Announces New Single Family Title II Forward and Home Equity Conversion Mortgage Loan Limits for 2022 Read More WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development (HUD) this week released its fiscal year (FY) 2021 report to Congress on the financial health of the Federal Housing Administration …
FHA Releases 2021 Annual Financial Report to Congress Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) issued a Request for Information (RFI) this week to seek input on rules implementing the Home Mortgage Disclosure Act (HMDA). The …
CFPB Seeks Input on Detecting Discrimination in Mortgage Lending Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ), in cooperation with the Office of the Comptroller of the Currency (OCC), took action Friday …
Federal Government Takes Action Against Trustmark National Bank for Deliberate Discrimination Against Black and Hispanic Families Read More
WASHINGTON, D.C. — The Justice Department announced the launch this week of the department’s new Combatting Redlining Initiative. Redlining is an illegal practice in which lenders avoid providing services to …
Justice Department Announces New Initiative to Combat Redlining Read More
PHILADELPHIA, PA — Acting United States Attorney Jennifer Arbittier Williams announced a partnership between the U.S. Attorney’s Office for the Eastern District of Pennsylvania and the Justice Department’s Civil Rights …
Department of Justice Announces Initiative to Fight Housing Discrimination in Eastern Pennsylvania Read More