The mortgage industry is seeing a resurgence of marketing services agreements, amid a lax regulatory environment. But, experts say, companies are being more careful this time around.
CFPB Director Kathy Kraninger says consumer education, and not enforcement, is her preferred approach to prevent consumer harm.
Mortgage-related complaints filed with the CFPB in the first quarter of 2019 fell to the lowest level since 2012, with almost all categories seeing double-digit declines.
A new memo from the Office of Management and Budget increases oversight of the CFPB's regulatory activity.
The NMLS issued guidance addressing transitional authority for mortgage loan originators moving between states and from banks to nonbanks.
A new first: A court decision on claims brought against mortgage lenders under the ability-to-repay rule provides insights on the underwriting process.
Not satisfied with Wells Fargo’s progress in complying with a regulatory consent order, the CFPB is considering all options to get the bank to fall into line.
The Community Home Lenders Association joins other trade groups in calling for more flexibility on the loan originator compensation issue.
The adoption of new technologies will pose challenges for originators to comply with fair lending rules and for regulators to detect hidden discrimination.
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