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Tag Archives: CFPB

CFPB to Re-Examine Regulation

The qualified mortgage rule, a standard set up to make sure borrowers can repay their mortgages, as well as other mortgage servicing and home lending regulations are set to come up for review. The CFPB wants to “try to see what the real-world effects on the market” these regulations have.

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The Road Ahead

With an uncertain regulatory environment, new data requirements, and promising technological opportunities all intersecting, mortgage originators face a winding road as they navigate through 2017. Editor's note: this feature originally appeared in the March issue of DS News.

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D.C. Circuit Rejects Intervention in CFPB Case

The case, as previously reported by DS News, sees New Jersey-based lender PHH Corp. trying to overturn a $109 million penalty issued by the CFPB in June 2015 over alleged violations of the Real Estate Settlement Procedures Act.

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CFPB Mortgage Complaints Hold Steady

According to the CFPB’s recent monthly report, mortgage-related complaints are stagnant—though they’re still one of the most complained-about financial products in the country.

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