The Consumer Financial Protection Bureau (CFPB) on Friday announced that it is seeking a settlement with…
Tag: CFPB
Reverse educators take on more HECM misconceptions
Reverse mortgage educators Dan Hultquist and Jim McMinn brought their “Rules of the Game” presentation back…
Lawmakers, MBA call out FICO for potential price hikes
A coalition of 34 Democratic senators and representatives submitted a letter this week to President Joe…
UWM will use AI to tap into refi pools
Michigan-based United Wholesale Mortgage (UWM) has launched proprietary technology that will use artificial intelligence (AI) to…
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…
Retiree lost $740K in savings through elaborate scam: NY Times
Older Americans are increasingly being caught up in elaborate scams designed by perpetrators to drain them…
President Joe Biden ends 2024 reelection bid, endorses Harris
President Joe Biden announced Sunday that he is stepping out of the race for reelection. This…
Five federal agencies finalize new guidance for ROVs
A coalition of five federal agencies — the Consumer Financial Protection Bureau (CFPB), the Federal Deposit…
2023 HMDA data: IMBs up to 69% market share
The latest 2023 Home Mortgage Disclosure Act (HMDA) data is in, and it confirms a few…