The regulator for the California mortgage industry has released an annual report that includes best practices by originators and lenders who have a low level of consumer complaints.
Mr. Cooper is facing legal challenges to this spring's series of unauthorized withdrawals that it says was caused by a systems test made by its electronic payments vendor.
Due to the similarities between the structures of the FHFA and the CFPB, some firms facing enforcement actions from the CFPB are hoping to have courts invalidate the actions.
Some lenders have allowed borrowers to use cryptocurrency to make downpayments or as part of the calculation of a borrower’s assets, but none appear to allow monthly mortgage payments with bitcoin yet.