CFPB
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Real estate
Planning mortgage managers for a deflected CFPB
Firstly, for his resignation, the former CFPB director Rohit Chopra left the supervisors of the CFPB Rohit Chopra a route…
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Real estate
Trump fires CFPB director Rohit Chopra
Chopra confirmed the news via A letter posted on X That read: “With so much power concentrated in the hands…
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Real estate
CFPB received less reverse mortgage complaints in 2024
About one in three complaints had to do with borrowers who “struggled to pay for their mortgage”, and almost half…
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Real estate
The new CFPB report looks at reverse mortgage activity through 2023
The Consumer Financial Protection Bureau (CFPB) released its report in December Mortgage market activity and trends for 2023 report, providing…
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Real estate
CFPB Sues Rocket, The Jason Mitchell Group for RESPA Violations
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit Monday alleging allegations Rocket houses of organizing a kickback scheme to…
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Real estate
CFPB reports a ‘significant’ decline in mortgage activity in 2023
Mortgage application and origination activity fell by roughly a third between 2022 and 2023 as high interest rates suppressed broader…
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Real estate
CFPB seeks settlement in Townstone’s financial redlining dispute
The Consumer Financial Protection Bureau (CFPB) announced Friday that it is seeking a settlement with its Chicago headquarters Townstone financial…
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Real estate
CFPB director open to changing mortgage rules to fix refi process
The mortgage industry has complained loudly and often that government regulation and investor demands are contributing to rising costs passed…
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Real estate
CFPB orders Fay Servicing to pay $2 million due to illegal foreclosure practices
The Consumer Financial Protection Bureau (CFPB) settled a case with its headquarters in Florida Fay Maintenance about illegal behavior in…
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