As the CFPB swings into full enforcement mode with loss mitigation underway, Meghan Jones-Rolla of Mortgage Connect discusses how the industry is handling the Bureau’s mandate of “unprepared is unacceptable.”
Read More »The Week Ahead: New CFPB Chief to Deliver Report to Congress
Rohit Chopra will testify before the Senate Committee on Banking and provide an update on the latest actions the Bureau is taking to protect the nation’s consumers.
Read More »Senate Confirms Rohit Chopra as CFPB Head
The vote passed along party lines with a 50-48 vote, clearing the way for Chopra to serve as Director of the Bureau.
Read More »CFPB Examines Consumer Complaint Data Among Races
According to an analysis of Census data, consumer complaint submission patterns were found to vary by demographic characteristics.
Read More »CFPB: Servicers Must Double Their Efforts to Protect At-Risk Borrowers
Beginning today, the CFPB’s new rule to increase protections over homeowners takes effect, as servicers step up their efforts to assist borrowers in jeopardy of foreclosure.
Read More »CFPB Measures Mortgage Servicer Performance
This is an opportunity for companies to identify and address internal pain points as borrower protections wind down, Acting Director Dave Uejio says.
Read More »HUD Announces Several Key Additions
The Department of Housing and Urban Development continues to further stabilize oversight of the nation’s housing market, onboarding many new key positions.
Read More »CFPB Issues Warning to Landlords and Consumer Reporting Agencies
In a new bulletin, the Bureau furthers its ongoing commitment to a fair and equitable recovery for renters as pandemic-related protections come to an end.
Read More »Rate of Forbearance Exits Slows
An improvement in overall economic conditions is allowing more homeowners to regain their pre-pandemic financial footing, with the share of loans in forbearance sliding for the 17th consecutive week.
Read More »New CFPB Rules Drafted to Ease Surge in Foreclosures
With federal foreclosure protections just days away from being lifted, the CFPB has taken steps to facilitate a smooth transition to protect consumers and the overall American economy.
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