Can we talk? That’s not the most original opening line you’re likely to hear, but it is one title agents should be using with their real estate clients and contacts… Read More »
The Consumer Financial Protection Bureau has slapped two financial institutions with enforcement actions and one with a civil suit for implying in ads to consumers that they had an official… Read More »
Settlement services providers wondering how mortgage lenders will respond to the Consumer Financial Protection Bureau’s (CFPB’s) Integrated Mortgage Disclosure requirements have gotten an answer from two of the largest ones. … Read More »
The RESPA winds are blowing again and they seem to be nearing gale force. The Consumer Financial Protection Bureau (CFPB), which has replaced the Department of Housing and Urban Development… Read More »
Proposal Would Provide Surviving Family Members and Other Homeowners with Same Protections as Original Borrower WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) proposed additional measures to ensure… Read More »
The CFPB is proposing changes to the TILA-RESPA Integrated Disclosure Rule issued last year. Commonly referred to as the “Know Before You Owe Rule,” it clarified the disclosure process so… Read More »
The CFPB is proposing changes to the TILA-RESPA Integrated Disclosure Rule issued last year. Commonly referred to as the “Know Before You Owe Rule,” it clarified the disclosure process so… Read More »
Flagstar Bank of Maryland has been hit with a massive fine ($10M) and will be forced to pay $27.5M in restitution to almost 7000 of its borrowers, after being cited… Read More »
Lighthouse Title has agreed to pay $200,000 for RESPA violations, after a CFPB review. Lighthouse violated conditions of the RESPA laws by making agreements with real estate brokers to provide… Read More »
In an effort to improve the consumer mortgage experience, the CFPB has announced a pilot program to test the feasibility of electronic closing procedures which could save both time and… Read More »