The Consumer Financial Protection Bureau (CFPB) managed approximately 317,000 consumer complaints between October 2016 and September 2017, according to the semi-annual report of the CFPB for the period ...
Read More »A Balancing Act With Compliance Regulation
Editor’s Note: This story was originally featured in the March issue of MReport, out now. As 2018 sets in motion, government regulatory requirements are completely changing the pace ...
Read More »Be Heard: CFPB Requesting Feedback on Financial Regulations
On Wednesday, the mortgage industry’s main oversight group asked for comments on amending rules created by Dodd-Frank Act.
Read More »House Passes TRID Improvement Act
On Wednesday evening, the House passed two regulatory relief bills are aimed at benefiting both consumers and lenders. The TRID Improvement Act of 2017 is aimed at modifying ...
Read More »Mulvaney: New CFPB Strategic Plan Provides “Clarity and Certainty”
4:51 p.m. CST // On Monday afternoon, the Consumer Financial Protection Bureau officially released its strategic plan for fiscal years 2018 - 2022, confirming a shift away from enforcement ...
Read More »Life in the Fast Lane
Editor's note: This story was originally featured in the February issue of MReport, out now. If you ask top-performing salespeople whether they’d rather do paperwork or sell loans, there’s ...
Read More »Buying a Home is a Top Priority for Americans
Americans want to buy homes and they want to buy them as an investment option. According to a study on homebuyers by NerdWallet, a personal finance website, 75 ...
Read More »What’s Keeping Manufactured Housing In the Shadows?
A recent study of the manufactured housing sector by the Urban Institute has pointed to three main reasons—restrictive zoning, unavailable finance, and lower appreciation—that are keeping the manufactured ...
Read More »Appeals Court CFPB Reversal Charts Course for Supreme Court
In a split decision, a Washington appeals court has reversed a previous ruling, declaring the structure of the Consumer Financial Protection Bureau to be constitutional after all. The Court of Appeals for the ...
Read More »The Impact of Leadership Change at CFPB
Lenders in the residential mortgage space are hopeful that the new leadership at the Consumer Financial Protection Bureau (CFPB) will open the doors to a wider dialogue between ...
Read More »