by Jeff Sorg | Oct 9, 2013 | Mortgage, Real Estate
(OnlineEd – Portland, OR) – To date, the CFPB has conducted HMDA (Home Mortgage Disclosure Act) reviews at dozens of mortgage lenders, both bank and nonbank. In the wake of these audits, the Bureau has issued an industry wide bulletin to help banks and...
by Jeff Sorg | Oct 9, 2013 | Mortgage, Real Estate
(CFBP – Washington, D.C.) – Today the Consumer Financial Protection Bureau (CFPB) ordered Mortgage Master, Inc. and Washington Federal to pay civil penalties for violating the Home Mortgage Disclosure Act (HMDA), which requires certain mortgage lenders to...
by Jeff Sorg | Sep 6, 2013 | California Real Estate, Mortgage
(OnlineEd – Portland, OR) – Mortgage education provider OnlineEd has developed industry standard policies and procedures templates to help mortgage companies comply with the Consumer Financial Protection Bureau (CFPB) requirement for mortgage companies to...
by Jeff Sorg | Aug 21, 2013 | California Real Estate, Mortgage, Oregon Real Estate, Real Estate
(CFPB – WASHINGTON, D.C.) — Today the Consumer Financial Protection Bureau (CFPB) issued a report detailing mortgage servicing problems at banks and nonbanks. The report also found that many nonbanks lack robust systems for ensuring they are following federal...
by Joseph | May 23, 2013 | Mortgage
Confused about the CFPB’s January 2013 new mortgage rules? Don’t have an afternoon to read a series of .pdf files? Check out the new videos that the CFPB just posted on YouTube. “We’re trying to make our rules more understandable and more...