by Jeff Sorg | Jun 5, 2019 | Real Estate, Mortgage
CFPB settles with Freedom Mortgage Corporation By Jeff Sorg, OnlineEd Blog (June 5, 2019) (WASHINGTON, D.C.) CFPB – The Consumer Financial Protection Bureau (Bureau) today announced a settlement with Freedom Mortgage Corporation (Freedom), one of the ten largest Home...
by Jeff Sorg | Oct 2, 2017 | Mortgage, Real Estate
CFPB Takes Action Against Settlement Services Provider for Steering Consumers to Affiliated Business By Jeff Sorg, OnlineEd Blog (October 2, 2017) The Consumer Financial Protection Bureau (CFPB) took action against real estate settlement services provider Meridian...
by Jeff Sorg | Apr 14, 2017 | Mortgage, Real Estate
United Shore Financial Services to Pay Restitution, Penalties (April 14, 2017) – SACRAMENTO – The Department of Business Oversight (DBO) has announced Michigan-based United Shore Financial Services, LLC will pay more than $1.4 million in refunds and penalties to...
by Jeff Sorg | Mar 16, 2017 | Mortgage, Real Estate
$1.75 Million Civil Penalty is the CFPB’s Largest for HMDA Violations By Jeff Sorg, OnlineEd Blog (March 16, 2017) – WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has ordered Nationstar Mortgage LLC to pay a $1.75 million civil...
by Jeff Sorg | Feb 28, 2017 | Mortgage, Real Estate
Merchants failed to establish and implement an adequate anti-money laundering (AML) program OnlineEd Blog (February 28, 2017) – WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today announced the assessment of a $7 million civil money penalty (CMP)...