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July 23, 2014

CFPB Proposes Adding Unvetted Customer Narratives to Complaint Database

By Thomas Ressler

Mortgage industry representatives are quite leery about the CFPB proposal. The comment period ends August 22.

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Poll

How many new retail loan officers (net) is your shop looking to hire in the first quarter of 2018?

1 to 10. We’re being careful.
11 to 30. We’re feeling slightly bullish.
31 or more. We’re in expansion mode.
None. We’re staying right where we are, for now.
We’re cutting back.

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