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CFPB Non-Bank Enforcement Order Registry Coming this Fall | JD Supra
JD Supra· 2 days agoConstitutionality concerns cleared, the Consumer Financial Protection Bureau (CFPB) on June 3 issued its final rule creating a registry identifying covered ...
CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
PYMNTS.com· 4 days agoThe Consumer Financial Protection Bureau (CFPB) issued a final rule to establish a registry of...
FSOC Issues Report on Nonbank Mortgage Servicing Highlighting Strengths, Vulnerabilities and...
JD Supra· 16 hours agoIn May 2024, the Financial Stability Oversight Council (FSOC or Council) issued a Report on Nonbank Mortgage Servicing (the Report). The Report recognizes the strengths of ...
How to Apply for a Non-Qualified Mortgage
Investopedia· 4 days agoA non-qualified mortgage does not have to meet the lending standards of the Consumer Financial Protection Bureau (CFPB), so it can offer more flexible...
Wiley Consumer Protection Download (June 4, 2024) | JD Supra
JD Supra· 3 days agoSupreme Court Upholds CFPB Funding Structure as Constitutional. On May 16, the U.S. Supreme Court held that Congress may allow the CFPB to draw money from ...
CFPB Opens Public Probe on Closing Fees | JD Supra
JD Supra· 5 days agoOn May 30, the CFPB announced that it was probing mortgage closing costs as part of its continued focus on so-called junk fees. The Bureau’s request for ...
Consumer Watchdog Taking Aim At Fees That Can Increase Mortgage Closing Costs
Forbes· 4 days agoFederal regulators want to know how excessive fees and junk fees are pushing up mortgage closing...
The Consumer Financial Protection Bureau ‘is here to stay’ - The Martha's Vineyard Times
The Martha's Vineyard Times· 2 days agoThe Consumer Financial Protection Bureau (CFPB) is the brainchild of Elizabeth Warren. Created in 2010, the bureau, along with several other federal agencies, have long faced ...
After raising $100M, AI fintech LoanSnap is being sued, fined, evicted
TechCrunch· 4 days agoAI mortgage startup LoanSnap is facing an avalanche of lawsuits from creditors and has been evicted...
Troutman Pepper Weekly Consumer Financial Services Newsletter - June 2024 | JD Supra
JD Supra· 3 days agoOn May 31, President Biden executed a veto of a House Joint Resolution that would have repealed the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121, which instructs ...