March 21, 2014
What We're Hearing: Mortgage Brokers, Start Your Engines: A 550 FICO Loan is Here / But Will it Work? / Consultant Calls the CFPB ‘Abusive’ to Mortgage Firms / The Revolving Door of the CFPB / Where’s the FHFA’s Annual GSE Scorecard? / Advice for MSR Investors
All the world loves the CFPB? Not in the mortgage space, it seems. Financial services consultant Joe Garrett said he has six mortgage clients that have undergone exams by the agency. To say the least, it hasn't been a happy experience.
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