CFPB Servicing Rule

HMDA Compliance

By |2021-06-22T21:32:32-05:00June 18th, 2021|Advocacy, Featured|0 Comments

Many private lenders consider HMDA compliance and reporting to be a substantial burden. Dealing with needless government regulation and reporting is high on the list of frustrations small business owners face. The Home Mortgage Disclosure Act (Reg C), also known as HMDA, is one example in the private lending industry. It requires private lenders to [...]

By |2021-06-22T21:32:32-05:00June 18th, 2021|Advocacy, Featured|0 Comments

Mortgage Industry is Unclear About CFPB’s New Servicing Rule

By |2021-06-08T13:59:16-05:00February 15th, 2017|Editorial, Market|0 Comments

The mortgage industry is anticipating significant changes when it implements the Consumer Financial Protection Bureau's 2016 Servicing Rule, but determining how those changes will affect operations will have to wait until the rule is fully implemented. The CFPB will not allow early compliance with the new regulations, which leaves the mortgage servicing industry left questioning [...]

By |2021-06-08T13:59:16-05:00February 15th, 2017|Editorial, Market|0 Comments

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