CFPB Clause Samples

CFPB. Amicus Brief in CFPB v RD Legal Funding, LLC, March 22, 2019 Amicus Brief in CFPB v American Check Cashing, Incorporated, September 17, 2018 Press Release: Court to Consider Constitutionality of CFPB in PHH v CFPB, May 23, 2017 || Amicus Brief, Mar. 31, 2017 Press Release: National Consumer Law Center Statement on Appellate Court Order to Vacate and Review Questionable Decision on ▇▇▇▇▇ Power over Consumer Watchdog, Feb. 17, 2017 More+

CFPB. The Consumer Financial Protection Bureau, an independent federal agency operating as part of the United States Federal Reserve System. Code: The Internal Revenue Code of 1986, as amended. Collections: Any and all cash amounts received with respect to any Asset, including the amounts of any payments of principal and interest, along with the other items described in Section 3(b) of Exhibit F.

CFPB. The Consumer Financial Protection Bureau or any successor thereto. Closing Date: The date or dates on which the Purchaser from time to time shall purchase from the Seller and the Seller from time to time shall sell to the Purchaser, the Mortgage Loans listed on the related Mortgage Loan Schedule, or such other date as may be mutually agreed to by the Seller and the Purchaser, with respect to the related Mortgage Loan Package. Closing Documents: With respect to any Closing Date, the documents required pursuant to Section 7.01. Code: The Internal Revenue Code of 1986, as amended. Commission: The Securities and Exchange Commission. Condemnation Proceeds: All awards, compensation and settlements in respect of a taking (whether permanent or temporary) of all or part of a Mortgaged Property by exercise of the power of condemnation or the right of eminent domain, to the extent not required to be released to a Mortgagor in accordance with the terms of the related Mortgage Loan Documents. Credit Score: The credit score, obtained at origination or such other time by the Seller, for each Mortgage Loan as required pursuant to the applicable Underwriting Guidelines. There is only one (1) Credit Score for any Mortgage Loan regardless of the number of Mortgagors and/or applicants. In no event shall fewer than two credit bureau scores be obtained to determine the Credit Score. Custodian: The custodian designated by the Purchaser from time to time. Custodial Account: The separate trust account maintained by the Custodian. Cut-off Date: With regard to a Mortgage Loan in a Mortgage Loan Package, the date which is one Business Day prior to the Closing Date, unless otherwise specified on the applicable Purchase Advice and Release Letter. Depositor: The depositor, as such term is defined in Regulation AB, with respect to any Subsequent Transaction.