The FCC proposal would allow consumers who have provided prior express consent to receive autodialed or prerecorded voice calls to revoke consent through any reasonable means.
While the lender has been losing money, officials at Better are optimistic that the capital infusion that accompanied its debut in the public market will lead to improved results.
The MBA warned that given the current market and regulatory pressures in the mortgage industry, the increased cost of compliance may force smaller firms to combine operations or exit the lending business.