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TBA News & Headlines

Fannie, Freddie Announce New Buyback Terms

11/21/2014
The new terms take effect immediately and apply retroactively to loans sold since Jan. 1, 2013, that have not been subject to a buyback.

CFPB Issues Warning on Documenting Disability Income

11/19/2014
Probing for details on a potential borrower’s Social Security disability benefits runs afoul of the Equal Credit Opportunity Act and Regulation B, the Consumer Financial Protection Bureau said in a bulletin yesterday.

State Associations Reinforce Data Breach Message

11/18/2014
Reinforcing letters from ABA and national trade groups last week, 53 state bankers associations yesterday wrote to Congress to emphasize the importance of a national standard for data security expectations.

FDIC, DOJ Say They Will Investigate ‘Choke Point’

11/17/2014
The FDIC’s inspector general and the Department of Justice’s ethics office have pledged to investigate their agencies’ involvement in “Operation Choke Point,” Rep. Blaine Luetkemeyer (R-Mo.) announced on Friday.