It has been more than five years since the Consumer Financial Protection Bureau ("CFPB") has issued a consent order based on alleged violations of Section 8 of the Real Estate Settlement Procedures Act
The primary mortgage market recently has flattened, with rising interest rates and fewer homes on the market. However, these factors, coupled with home price appreciation.
In a recent opinion issued by the United States District Court for the Western District of Washington ("the Court") in Storms v. Flagstar Bank, No. 2:22-cv-00650, LEXIS 93862.
On July 27, 2023, US federal banking regulators issued proposals to (i) significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations.