CSBS is reminding MLOs of their yearly continuing education requirements in the midst of the annual renewal season.

One Company, One Exam aims to streamline mortgage examinations for companies by completing one state exam per company using a series of standardized exam questions.

Demand for data centers is rapidly increasing but supply is constrained. This environment presents a great opportunity for ABS investors, according to DoubleLine.

The CFPB’s settlement with Townstone included a relatively small fine for the lender and dropped allegations against the CEO.

Complaints about credit reporting dominated submissions to the CFPB and they more than doubled on an annual basis through the first three quarters of this year.

Complaints filed with the CFPB increased by 23.0% in the third quarter. And for the first nine months of the year, complaint volume nearly doubled on an annual basis, led by issues with credit reports. (Includes two data tables.)

The rule, required by the Dodd-Frank Act, will allow consumers to have greater control over their financial data.

Two trade groups representing banks filed a lawsuit the same day the CFPB released its final rule.

Regulations under Section 8 of RESPA are “obsolete and costly with few consumer benefits,” according to the MBA.

State regulators plan to move the One Company, One Exam effort out of pilot into full operation, beginning with larger mortgage companies.