MBA believes the CFPB should concede it is bound by the guidance it issues…

It’s possible that the nomination of Pam Patenaude to be the number-two at HUD could get a floor vote this week...

“Equifax’s credit monitoring product contains a mandatory arbitration clause that denies people their right to join together to sue the company for wrongdoing,” the bureau spokesman said.

As IMFnews went to press, Mangione could not be reached for comment. He currently heads Fort Schuyler Advisors...

Fun fact: Ocwen is one of the sponsors of the event where CFPB Director Richard Cordray will be speaking…

Sounding like a candidate, the CFPB Director noted: “If we do not push back on the forces that press people down, we are allowing America’s promises to go unfulfilled.”

Groups signing the Patenaude letter include the Center for Responsible Lending, Community Mortgage Lenders of America, NAACP, NAR and many others…

Even if the feds ease up on regulation, the states will continue to be vigorous…

“The NOLO platform allows customers to complete the mortgage lending process entirely online without the industry standard loan officer interference at each step,” 360 said.

The CFPB is loosening regulations amid rumors that agency Director Richard Cordray may soon depart to run for governor of Ohio…