Weekly Industry News – Financials Services, Insurance & Reinsurance

Financial Services, Insurance & Reinsurance – the latest on CFPB final mortgage rule, Zurich insurance and more.

CFPB Releases Final Mortgage Disclosure Rule and Forms by J. Quinn Published on jsupra.com

The Consumer Financial Protection Bureau (CFPB) recently released the final rule combining the Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) mortgage disclosure rules and forms… [ Read More ]

Zurich Insurance Seen Cutting Profitability Goal at CMD by Carolyn Bandel Published on Bloomberg

Zurich Insurance Group AG (ZURN) Chief Executive Officer Martin Senn will probably reduce a profitability target after Switzerland’s biggest insurer said it may struggle to meet some goals set in 2010… [ Read More ]

Bank of America to pay Freddie Mac $404 million in mortgage settlement by Jonathan Stempel and Tanya Agrawal Published on Reuters

 Bank of America Corp will pay $404 million to Freddie Mac to resolve all repurchase liabilities on home loans sold to the government-controlled mortgage company from 2000 to 2009, the bank said on Monday… [ Read More ]

 

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