Tag Archives: Carrington Holding Company

Click through to listen to a complimentary webinar breaking down the operational benefits and implications stemming from HUD’s recent mortgagee letter.

According to the Consumer Financial Protection Bureau (CFPB), the new lending rules that went into effect on January 10 are meant to take a back-to-basics approach to mortgage lending and lower the risk of default and foreclosure among borrowers. However, many industry veterans feel the rules may hurt those they are designed to protect, primarily low income borrowers.