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February 19, 2014

With CFPB’s Major Rules in Effect, Focus Now Turns to Examinations

By Thomas Ressler

One area on the bureau’s short list is compliance under the Home Mortgage Disclosure Act.

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Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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