Year-over-year, a new poll has found that more U.S. homeowners are likely to take out a HELOC in the next 12 months.
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CFPB Points Out Illegal Mortgage Activities in Supervisory Report
In order to provide transparency, reduce risks to consumers, and comply with Federal consumer financial law, the Consumer Financial Protection Bureau (CFPB) recently shared its eighth Supervisory Highlights report. The report covers the illegal practices that the Bureau uncovers in areas such as consumer reporting, debt collection, student loan servicing, mortgage origination, mortgage servicing, and fair lending for the first four months of the year.
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