The Consumer Financial Protection Bureau (CFPB) has broad authority under the Equal Credit Opportunity Act (ECOA)…
Tag: CFPB
CFPB order against reverse mortgage servicers could have wider implications
The Consumer Financial Protection Bureau (CFPB) last month issued an enforcement order against former Home Equity…
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 takes enforcement action against former HECM servicing contractor
The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a series of enforcement actions against two…
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…
Equifax’s Work Number is too expensive and regulators should look into it: CHLA
Equifax’s Work Number product is too expensive for consumers and the Federal Housing Administration (FHA) and…