by Jeff Sorg | Jul 29, 2016 | Mortgage, Real Estate
Changes would provide clarity, preserve protections for consumers By Jeff Sorg, OnlineEd Blog (July 29, 2016) – The Consumer Financial Protection Bureau (CFPB) today proposed updates to its Know Before You Owe mortgage disclosure rule. The proposed amendments...
by Jeff Sorg | Jul 15, 2016 | Mortgage, Real Estate
CFPB Actions Result in $11.7 Billion in Relief to 27 Million Consumers By Jeff Sorg, OnlineEd Blog (July 15, 2016) – July 21, 2016, will mark five years since the CFPB opened its doors. After the 2008 financial crisis, Congress created the CFPB as the only...
by Jeff Sorg | Jun 8, 2016 | Mortgage, Real Estate
Settlement resolves federal and state securities law claims based on misrepresentations in the offering documents for 21 Countrywide RMBS purchased by the five failed banks By Jeff Sorg, OnlineEd Blog (June 8, 2016) – The Federal Deposit Insurance Corporation...
by Jeff Sorg | May 5, 2016 | Real Estate
Mandatory arbitration clauses deny consumers’ rights to file or join class actions By Jeff Sorg, OnlineEd Blog (May 5, 2016) – In recent years, many contracts for consumer financial products and services – from bank accounts to credit cards – have included...
by Jeff Sorg | Oct 20, 2015 | Mortgage, Real Estate
Greater scrutiny has had a positive impact on mortgage fraud By Jeff Sorg, OnlineEd Blog (Ocboter 20, 2015) – As of the end of the second quarter of 2015, the CoreLogic® Mortgage Fraud Report shows an 8.9 percent year-over-year decrease in fraud risk, as...