The Federal Communications Commission is pushing the Telephone Consumer Protection Act’s one-to-one consent requirement to next year, due to an appeals court ruling questioning the FCC’s definition of prior express consent.
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The recent executive actions of President Donald Trump could impede the implementation date of Ginnie Mae’s new complementary Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program — but not in the way you might think. The president did hand down an order aiming to freeze outstanding rules and policies from taking effect, which would limit…
Nationstar Mortgage — currently doing business as Mr. Cooper — has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure. Attorneys general and mortgage regulators in 50 states, as well the District of Columbia, agreed to a settlement that requires Mr. Cooper to provide $5.8…
The Trump administration sent a memo on Tuesday that directs federal agencies to conduct a review of funding for thousands of government programs, including 100 that are administered by the Department of Housing and Urban Development (HUD). The memo states that all agencies must submit an analysis that includes answers to 14 questions and submit…