Wells Fargo Exiting Correspondent Lending & Reducing Servicing
Bank announces strategic plans to 'create a more focused home lending business.'
Tagged: Consumer Financial Protection Bureau (CFPB)
'Rinse-Repeat Cycle': Wells Fargo To Pay $3.7B For Violations
CFPB found the bank engaged in illegal practices on mortgage and car loans
Democrat, GOP State Attorneys General Ask Supreme Court To Rule on CFPB Constitutionality
Both groups support petition to hear case, but differ on how court should rule.
CFPB, FHFA Release Updated Pandemic Mortgage Data
The data, collected between 2013-20, highlights borrowers’ experiences obtaining a mortgage during the pandemic.
CFPB Proposes Registry To Detect Fraud, Repeat Offenders
Registry of company and court-order information would help identify and mitigate risks.
MBA Offers Suggestions For Improving Refis, Forbearance
Responds to CFPB's request for information published in September.