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....
Mortgage Quality Management and Research LLC (MQMR) has hired Mitchell Nomura as Internal Audit Manager
Mortgage Quality Management and Research LLC (MQMR) has hired Mitchell Nomura as Internal Audit Manager. In his new role, Nomura will apply his more than 30 years of experience, overseeing compliance and risk management departments at bank and non-bank lenders to leading MQMR’s team of expert... more
Thirty Democrat and two Independent senators have called on the Consumer Financial Protection Bureau (CFPB) to explain the state of its investigation into last year’s Equifax data breach
Thirty Democrat and two Independent senators have called on the Consumer Financial Protection Bureau (CFPB) to explain the state of its investigation into last year’s Equifax data breach. According to a report in The Hill, Sen. Brian Schatz (D-HI) spearheaded the inquiry in a letter to CFPB Acting... 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
The Consumer Financial Protection Bureau (CFPB) has issued a Request for Information (RFI) to encourage comment and insight on the agency’s enforcement processes.   The new RFI is the third in a series announced by Acting Director Mick Mulvaney, who has called into question the often-onerous... more
The head of one of the nation’s most prominent financial industry trade organizations has announced that he is resigning, and his move is raising speculation that he may return to his original career in politics
The head of one of the nation’s most prominent financial industry trade organizations has announced that he is resigning, and his move is raising speculation that he may return to his original career in politics. The Minneapolis Star-Tribune reports that Tim Pawlenty is stepping down next month as... more