by Jeff Sorg | Apr 9, 2015 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
The Consumer Financial Protection Bureau (CFPB) has announced a consent order against RMK Financial Corporation, ordering it to pay a penalty of $250,000 for deceptive advertising. RMK is a California-based mortgage lender doing business under the name Majestic Home...
by Jeff Sorg | Apr 2, 2015 | California Real Estate, Georgia Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(Jeff Sorg, OnlineEd) – The Consumer Financial Protection Bureau (CFPB) has released a new toolkit to help guide borrowers through the process of shopping for a mortgage. Developed for the CFPB’s “Know Before You Owe” mortgage initiative, the kit is designed...
by Joseph | Nov 22, 2013 | Mortgage
November 22, 2013 – At a field hearing in Boston on Wednesday, November 20, 2013, Richard Cordray of the CFPB took the opportunity to unveil the new “Know Before You Owe” forms, which will replace their better known “good-faith estimate”...
by Jeff Sorg | Jun 5, 2013 | Mortgage
(CFPB – WASHINGTON, D.C.) — On June 4, 2013, The Consumer Financial Protection Bureau (CFPB) published the first update to its exam procedures for the new mortgage regulations it issued in January 2013. The exam procedures offer financial institutions and...
