Compliance

The U.S. Supreme Court has declined to consider litigation brought by Fannie Mae and Freddie Mac shareholders
The U.S. Supreme Court has declined to consider litigation brought by Fannie Mae and Freddie Mac shareholders that accused the government of overstepping its authority when redirecting the government-sponsored enterprises’ profits to the Treasury Department following the 2008 enactment of federal... Keep Reading....
National Association of Mortgage Brokers (NAMB) has announced that it is seeking to ban the sale of trigger leads
National Association of Mortgage Brokers (NAMB) has announced that it is seeking to ban the sale of trigger leads by urging Congress to add appropriate legislative language to Bills HR 4028 and S 1982 (also known as the Protect Act of 2017, Congressional legislative action relating to the recent... more
input
The Consumer Financial Protection Bureau (CFPB) has issued a new Request for Information (RFI), this team seeking input on the agency’s supervision processes.   The new RFI is the fourth in a series created by Acting Director Mick Mulvaney designed to encourage feedback and conversation on how the... more
The Consumer Financial Protection Bureau (CFPB) has issued a Request for Information (RFI) to encourage comment and insight on the agency’s enforcement processes
President Trump’s fiscal 2019 budget would realign the Consumer Financial Protection Bureau (CFPB) away from its current independent status and make it accountable to Congress.   According to a budget analysis published by The Hill, the CFPB would cease being funded by the Federal Reserve and... more
CertifID has announced that it has closed on its first round of financing in the amount of $1.7 million
CertifID has announced that it has closed on its first round of financing in the amount of $1.7 million. The round was led by Grand Rapid, Mich.-based Wakestream Ventures and included several prominent investors.   “During our diligence process we heard so many horror stories, events where people... more