CFPB proposes $3.95M fine for Freedom Mortgage over false data accusations

The document states that the CFPB and Freedom Mortgage have agreed to enter into the proposal,…

CFPB creates public database of nonbank repeat offenders

The Consumer Financial Protection Bureau (CFPB) is creating a public database to identify nonbank financial companies…

Ahead of trial date in HMDA case, Freedom Mortgage and CFPB face hurdles

The Consumer Financial Protection Bureau (CFPB) and Freedom Mortgage were handed minor setbacks by the presiding…

Michigan attorney general reissues reverse mortgage consumer alert

The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category…

GAO highlights reverse mortgage counseling in new report

Older adults and people with disabilities are often prone to financial distress, and they may require…

CFPB takes a closer look at consumer mortgage complaints

The Consumer Financial Protection Bureau (CFPB) this week released its 2023 Consumer Response Annual Report, offering…