Tag Archives: CFPB

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.

The Department of Justice defended the president’s power to remove executive branch agency heads at will, though not all groups agree with the decision.

For three consecutive years, the CFPB found error rates at Nationwide of 13 percent in 2012, 33 percent in 2013, and 24 percent in 2014.

As the new administration looks to reform the Consumer FInancial Protection Bureau, the bureau is brought further into the public eye.

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.

A recent study found that mortgage lenders cited the federal "Know Before You Owe" mortgage disclosure rule to be the source of most of their quality control headaches in 2016.

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.

If Judge Neil Gorsuch is confirmed as a justice for the Supreme Court, taking the vacant seat left by the late Antonin Scalia, there are questions about how he might rule on important issues. Some people have expressed their beliefs ...

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.

The court also ordered that the three-judge panel’s ruling this past October be vacated.