The CFPB or Consumer Financial Protection Bureau was created by the Dodd-Frank Wall Street Reform Act and Consumer Protection Act with the goal of protecting
The Truth in Lending Act (TILA), also known as the Federal Truth in Lending Act, is a federal law passed in 1968 with the purpose
On October 26, 2001, the USA Patriot Act–formally known as Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism–began taking
Congress passed the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) to address concerns about a lack of regulation and oversight
In 2014, the Consumer Financial Protection Bureau (CFPB) implemented the Qualified Mortgage (QM) Rule – a set of standards designed to safeguard borrowers from predatory
In 1974, the Real Estate Settlement Procedures Act (RESPA) was passed as a federal law to safeguard consumers against predatory lending practices within the real
Navigating the world of mortgages can be overwhelming, especially for first-time homebuyers. One essential tool that can simplify the process is a mortgage calculator. This
The home appraisal process is a critical aspect of buying, selling, or refinancing a home. A home appraisal helps determine the value of a property,
The Gramm-Leach-Bliley Act: A Comprehensive Overview The Gramm Leach Bliley Act: Discovering Its Effects and Implications In today’s dynamic financial landscape, it is essential to
The Fair Credit Reporting Act (FCRA) is a federal law in the United States that sets standards for collecting, disseminating and using consumer credit information.
In July 2010, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as “Dodd-Frank” or Dodd Frank
The ability to repay a loan is an integral factor in the lending process. It’s up to the borrower to ensure they can fulfill their
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