Compliance

President Trump is reportedly considering to fill the soon-to-be-vacant Director’s office at the Consumer Financial Protection Bureau (CFPB) with Mick Mulvaney, Director of the Office of Management and Budget
A coalition of 17 Democratic State Attorneys General sent a letter to President Trump demanding the removal of Mick Mulvaney as Acting Director of the Consumer Financial Protection Bureau (CFPB).   The Attorneys General cited Mulvaney’s comments that the Agency was a agency as “a joke” that... Keep Reading....
The housing and mortgage industry has seen the House Republicans’ tax reform plan, and no one is popping champagne bottles—although some aspirin or antacid bottles might be opened
The housing and mortgage industry has seen the House Republicans’ tax reform plan, and no one is popping champagne bottles—although some aspirin or antacid bottles might be opened.   David H. Stevens, President and CEO of the Mortgage Bankers Association, initially greeted the legislation on his... more
Servicers Compliance Group (SCG), an affiliate of Lenders Compliance Group (LCG), has been retained by Loan Protector Insurance Services to enhance its compliance and risk management guidance
Servicers Compliance Group (SCG), an affiliate of Lenders Compliance Group (LCG), has been retained by Loan Protector Insurance Services to enhance its compliance and risk management guidance, with an emphasis on Loan Protector’s distinctive suite of insurance services.   Loan Protector’s Lender... more
President Donald Trump has nominated Federal Reserve Governor Jerome Powell as the next Chairman of the U.S. central bank
President Donald Trump has nominated Federal Reserve Governor Jerome Powell as the next Chairman of the U.S. central bank.   Speaking this afternoon in a press conference, the President declared, “There are few more important positions than this.” He also praised Powell as “smart” and a “consensus... more
One of the most powerful figures on Capitol Hill has abruptly announced that he will retire at the end of his term in 2018
One of the most powerful figures on Capitol Hill has abruptly announced that he will retire at the end of his term in 2018.   According to a Dallas Morning News report, Rep. Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee, will not seek re-election next year. The 60-year-... more