The federal financial regulatory agencies and the Federal Trade Commission (FTC) have published final rules and guidelines to promote the accuracy and integrity of information furnished to credit bureaus and other consumer reporting agencies, and widely used to determine consumers’ eligibility for credit, employment, insurance, and rental housing. As required by the Fair and Accurate Credit Transactions Act, the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Federal Trade Commission, National Credit Union Administration, Office of theRead more

More state and national mortgage news and mortgage press releases:

1. Federal agencies finally issue FACTA rules on risk-based pricing notices On Dec. 22, 2009, more than six years since...
2. Agencies release revisions to interagency Q&A and proposed new questions on flood insurance The federal bank, thrift, credit union and Farm Credit...
3. Agencies announce Notice of Proposed Rulemaking for Community Reinvestment Act The federal bank and thrift regulatory agencies today proposed...
4. Agencies issue interim final rule for mortgage loans modified under the Making Home Affordable Program The federal bank and thrift regulatory agencies has invited...
5. FTC creates fake site to help consumers spot “advance fee” loan scams The Federal Trade Commission (FTC) has created a “teaser” Web...

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