The Mortgage Bankers Association (MBA) and the Community Home Lenders of America (CHLA) did not comment…
Tag: Rohit Chopra
CFPB director open to changing mortgage regs to fix refi process
The mortgage industry has complained loudly and often that government regulation and investor requirements are contributing…
CHLA urges ‘balancing’ of consumer, servicer needs in loss-mitigation proposal
The Community Home Lenders of America (CHLA) on Monday submitted a letter to Consumer Financial Protection…
CFPB Director Rohit Chopra on who’s going to benefit from mortgage automation
Sarah Wheeler: Let’s talk about technology’s role in making these things easier for even smaller lenders.…
CFPB creates public database of nonbank repeat offenders
The Consumer Financial Protection Bureau (CFPB) is creating a public database to identify nonbank financial companies…
Chopra says he is ‘open to’ reviewing the LO comp rule
“As a general matter, we are taking a look at all the old rules, even the…