Consumer Banking

CBA SmartBrief

Retail banking news

CBA SmartBrief

Published in partnership with: Consumer Bankers Association

Ability to Repay rule limits borrowers with part-time work

11/26/2014

  • Bloomberg

Many banks are taking a conservative approach to compliance with the Consumer Financial Protection Bureau's Ability to Repay rule, which allows wages from part-time work to be factored into a borrower… Read More

The Financial Services Roundtable SmartBrief

Banking and insurance news

The Financial Services Roundtable SmartBrief

Published in partnership with: The Financial Services Roundtable

FHFA: Foreclosed borrowers can buy homes at market prices

11/26/2014

  • Bloomberg

The Federal Housing Finance Agency has announced a shift in policy that will allow borrowers who have been foreclosed on to buy back their homes at market value. Previously they have had to pay the mo… Read More