The CFPB recently issued a request for information (RFI) on the Truth in Lending Act (TILA)/Real Estate Settlement Procedures Act (RESPA) Integrated Disclosure (TRID) rule, the right of rescission under TILA, and reverse mortgages. Comments are due by August 10, 2026.

The RFI is based on the March 2026 Executive Order (EO) 14393 entitled “Promoting Access to Mortgage Credit”.… Continue Reading

Based on the CFPB’s recently issued report to Congress on reverse mortgages, the reverse mortgage industry should expect more scrutiny and regulation from the CFPB.  Among the CFPB’s  key findings in the report is that  existing disclosures and available counseling may not sufficiently protect borrowers and  “stronger regulation, supervision of reverse mortgage companies, and enforcement of existing laws may also be necessary.”  … Continue Reading