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By  Tracy M. Evans, Esq., Associate, Saxon, Gilmore, Carraway & Gibbons, P.A. Last year, we reported on the recent activities of the Consumer Financial Protection Bureau (CFPB) including its proposed amendment to Regulation Z’s ability-to-repay rule that provided an exemption to the ability-to-repay rule for certain nonprofit creditors.  The previous article can be viewed here. ...
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By: Tracy M. Evans, Esq., Associate, Saxon, Gilmore, Carraway & Gibbons, P.A. We previously reported on the recent activity of the Consumer Financial Protection Bureau (“CFPB”) regarding changes to Regulation Z, which implements the Truth in Lending Act. The previous article can be viewed here. Earlier this year, the CFPB also released new mortgage servicing...
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