the Consumer Financial Services Group
The Bureau of Consumer Financial Protection (CFPB) has
moved forward on its plan to make mortgage servicing a priority by issuing written procedures for the agency's examinations of
mortgage servicers. Although part of the CFPB's more comprehensive Supervision...
WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on
Oct. 1 denied a couple's petition for a writ of certiorari seeking
review of a Fifth Circuit U.S. Court of Appeals ruling that affirmed the
dismissal of their suit accusing a loan servicer of violating the Real Estate
by Donald C. Lampe , Jeffrey E. Jamison ,
and Michael B.
On Dec. 17, the Consumer Financial Protection Bureau (CFPB) issued the expected mortgage servicing final
rules. At over 1,000 pages, the final rules will amend the Truth in
Lending Act (Regulation Z) and the Real Estate Settlement...
by Jeffrey E. Jamison
The CFPB released its summer 2013 “Supervisory Highlights” Report highlighting numerous mortgage servicing and compliance issues affecting both banks and non-banks. The 25-page Report, which is based on the CFPB’s supervisory activity from November 2012 to June...