Tag Archives: consumer financial protection bureau

What to look for in a closing disclosure form

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How long has it been since you updated your closing disclosure form? Here is a page-by-page breakdown of what you should review, verify, understand and inform clients about. Continue reading →

Trump administration announces halt on foreclosures and evictions

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For now, evictions and foreclosures will be placed on a moratorium until the end of April. Continue reading →

The last housing finance roundup of 2019

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The federal government took a flurry of actions before the end of the year. Read Lew Sichelman’s latest column to catch up with housing finance news you might otherwise have missed. Continue reading →

Equifax will pay up to $700M over data breach that exposed millions

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The payments are a response to the largest-ever data hack of its kind, which was discovered in 2017 and impacted nearly 150 million consumers. Continue reading →

When lenders reject US veterans, who you gonna call?

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NewDay USA has encountered controversy in its time doing business, but some brokers say that it can help veterans with traditionally low credit scores land reasonable loans. Veterans should just make sure that they enter the agreements with their eyes … Continue reading →

Lender slapped with $1.75M fine for bungling demographic data

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Freedom Mortgage reported inaccurate information on race and sex between 2014 and 2017. The firm originated 50,000 mortgages per year during that period. Continue reading →

President Donald Trump holds Realtors in the palm of his hand

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Most were pleased with Trump’s performance and identified with him as a real estate businessman. Continue reading →

Fair lending policy director to be investigated for racial blog posts

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Now that Eric Blankenstein’s old blog post has come to light, the CFBP has asked an independent group to investigate its top enforcement director. Continue reading →