CFPB Seeks More Feedback on Complaint Database
The nation's regulator of consumer financial products wants feedback about how to present data from its controversial complaint database.
CFPB Complaint Database Goes Live
A controversial plan to publish complaints about mortgage lenders made by anonymous consumers has come to fruition.
Silver Lining in Disparate Impact Decision
The nation's highest court has made a decision on disparate impact claims, and it's not all bad for home lenders.
Adjusted TRID Date Proposed
If a proposed implementation date for integrated disclosures is finalized, mortgage firms and their service providers will have a couple more days than expected to make the conversion.
Problems Persist at Some Mortgage Servicers
A regulatory report indicates that a few servicers of residential loans are illegally engaging in dual tracking or runarounds.
Conferences Address TRID, Secondary Issues
Among the topics being covered at upcoming mortgage-related events are secondary marketing and the new integrated disclosures required under the Truth in Lending Act and the Real Estate Settlement Procedures Act.
HUD Takes Steps to Increase FHA Lending
A revised defect classification system is expected to help Federal Housing Administration mortgagees be more confident about making government-insured loans.
CFPB Relents: Delay Proposed in TRID Implementation
Intense lobbying by the financial services industry and prodding by Congress has apparently swayed the head of the Consumer Financial Protection Bureau.
Legal Experts Weigh In on CFPB Action Against PHH
Several legal experts have weighed in on the Consumer Financial Protection Bureau's decision to order PHH Corp. to pay $100 million more than was recommended by an administrative law judge.
Auditor to Assess Ocwen Servicing Compliance in CA
An auditor has been named by a California regulator to determine whether Ocwen Financial Corp.'s mortgage servicing practices comply with federal and state laws.