Feds Penalize Trident Mortgage $22M For Deliberate Discrimination
Settlement is the first government resolution involving illegal discrimination by a nonbank mortgage lender.
Tagged: Consumer Financial Protection Bureau (CFPB)
CFPB Once Again A Federal Priority
In addition to increased rulemaking and outreach, there has also been an enforcement uptick.
Mortgage Banker
CFPB Looking To Simplify Rules.
Chairman Chopra says revising QM regulations is one of his top priorities.
CFPB Director: Agency Reviewing QM Rules, Other Regulations
In a blog post, Rohit Chopra says the goal is to “more clearly communicate the agency’s expectations.”
CRA Impact May Not Be As Profound As Feared
CFPB Director Rohit Chopra tells MBA conference changes shouldn’t be difficult
CFPB Examines Mortgage Servicers' Response To Pandemic
Report reveals that homeowners continue to face significant challenges connected to working with mortgage servicers.
CFPB Invokes Dormant Authority To Examine Nonbank Companies
Bureau seeking comment on updated procedures