The CFPB is aware of concerns regarding implementation of the new Juneteenth Federal holiday as it relates to mortgage lender compliance with Truth in Lending Act.
President Joe Biden signed the Juneteenth National Independence Day Act on June 17, 2021. A response from Consumer Financial Protection Bureau (CFPB) acting director Dave Uejio was released the day after, stating:
“President Biden’s signing of the Juneteenth National Indepe...
While it can be exciting to ride the wave when the industry is thriving, brokers and loan originators need to consider strategies for long-term success.
Over the past year, headlines have pointed out record-breaking mortgage rates and closed loan volume. However, the market won’t boom for much longer. While it can be exciting to ride the wave when the industry is thriving, brokers and loan originators need to consider strate...
