Compliance

Consumer of Financial Protection Bureau (CFPB) Acting Director Mick Mulvaney has announced the selection of Paul Watkins to lead the Bureau’s new Office of Innovation
Consumer of Financial Protection Bureau (CFPB) Acting Director Mick Mulvaney has announced the selection of Paul Watkins to lead the Bureau’s new Office of Innovation.   “I am delighted that Paul Watkins is bringing his deep expertise, track record of protecting consumers, and commitment to... Keep Reading....
The Consumer Financial Protection Bureau (CFPB) reached an $800,000 settlement with National Credit Adjusters LLC (NCA) and its former CEO and part-owner, Bradley Hochstein
The Consumer Financial Protection Bureau (CFPB) reached an $800,000 settlement with National Credit Adjusters LLC (NCA) and its former CEO and part-owner, Bradley Hochstein.   According to the CFPB, the Hutchinson, Kan.-based company used a network of debt collection companies to collect consumer... more
A federal court has issued a ruling that found the leadership structure of the Federal Housing Finance Agency (FHFA), the regulator of Freddie Mac and Fannie Mae, to be unconstitutional
A federal court has issued a ruling that found the leadership structure of the Federal Housing Finance Agency (FHFA), the regulator of Freddie Mac and Fannie Mae, to be unconstitutional.   According to a Washington Examiner report, a three-judge panel for the U.S. Court of Appeals for the Fifth... more
NAMB has called on the Consumer Financial Protection Bureau (CFPB) to pursue a further examination of how the agency determines true complaints it receives from the American public on the mortgage process
NAMB has called on the Consumer Financial Protection Bureau (CFPB) to pursue a further examination of how the agency determines true complaints it receives from the American public on the mortgage process.   In a letter to CFPB Acting Director Mick Mulvaney, NAMB President John G. Stevens... more
The Arizona Department of Financial Institutions achieved accreditation by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators for its mortgage regulatory program
The Arizona Department of Financial Institutions achieved accreditation by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators for its mortgage regulatory program.   The rigorous process involved three highly experienced former regulators and a... more