Compliance

Sen. Elizabeth Warren (D-MA) is amassing more $1 million per month in the fundraising for her 2018 re-election bid
Sen. Elizabeth Warren (D-MA) is amassing more $1 million per month in the fundraising for her 2018 re-election bid.   According to an Associated Press report, Warren’s campaign brought in about $3 million during the third quarter and approximately $3.4 million in the second quarter. Warren... Keep Reading....
The contentious relationship between Rep. Jeb Hensarling (R-TX), the chairman of the House Financial Services Committee, and Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), took a raw new turn when Hensarling demanded that Co
The contentious relationship between Rep. Jeb Hensarling (R-TX), the chairman of the House Financial Services Committee, and Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), took a raw new turn when Hensarling demanded that Cordray announce by Thursday whether he... more
Opus Capital Markets Consultants LLC, a wholly-owned subsidiary of Wipro Ltd., has announced the addition of Bruce Legan
California’s evaporating affordable housing environment was the focus of an agreement between Gov. Jerry Brown and legislative leaders on a $4 billion bond that would fund low-income housing developments and subsidize residential mortgages for California veterans.   According to a Los Angeles Times... more
Mortgage application activity enjoyed a healthy boost last week, due primarily to a vibrant burst of refinancing applications
The Consumer Financial Protection Bureau (CFPB) has responded to financial services industry concerns by temporarily changing the reporting requirements in the 2015 updates to the Home Mortgage Disclosure Act (HMDA) rule for banks and credit unions that issue home-equity lines of credit. Under... more
A complaint was unsealed in federal court in Central Islip, N.Y., charging Edward E. Bohm, Edward J. Sypher Jr., and Matthew T. Voss, senior executives at Long Island-based mortgage lender Vanguard Funding LLC, with conspiracy to commit wire and bank frau
A complaint was unsealed in federal court in Central Islip, N.Y., charging Edward E. Bohm, Edward J. Sypher Jr., and Matthew T. Voss, senior executives at Long Island-based mortgage lender Vanguard Funding LLC, with conspiracy to commit wire and bank fraud in connection with obtaining more than $8.... more