Tag Archives: CFPB

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.

Consumers without established credit records usually resort to lenders with higher-priced loan offerings. The CFPB said the burden falls hardest on the young, minorities, and those from low-income backgrounds.

A shift for the CFPB looms while Republicans propose bills to dismiss current CFPB director, or re-structure the top entirely.

Mortgages are once again one of the Consumer Financial Protection Bureau’s most complained-about products, with payment issues, the misapplication of funds, and foreclosure-relief topping the list.

Barney Frank, one of the co-authors of the Dodd Frank Act, spoke to DS News about what President Donald Trump's latest executive order means for the future of financial regulation.