Day: April 21, 2023

Bureau Orders Missouri Lender to Pay $81,000 for Illegal Kickback Scheme WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau ordered a Missouri mortgage lender, Fidelity Mortgage Corporation, and its…

Proposal Would Help Bureau Ensure Nonbanks are Implementing New Consumer Protections WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) proposed a rule that would allow it to supervise…

Advisory Offers Tips to Protect Accounts in Wake of Recent Payment Card Data Breaches WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) published a consumer advisory to help…

WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) initiated an administrative proceeding against PHH Corporation and its affiliates (PHH), alleging PHH harmed consumers through a mortgage insurance kickback…

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a report highlighting problems like unfair and deceptive practices in the mortgage servicing market uncovered through the Bureau’s supervision…

WASHINGTON, D.C. – Today, the Department of Housing and Urban Development (HUD) announced that they will be accepting electronic signatures on documents associated with Federal Housing Administration (FHA) mortgage loans.…

Bureau Unveils Easy-to-Use, Online Tool that Tracks Public Mortgage Data WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) is taking steps to improve information reported about the residential…

Bureau Orders Connecticut Lender to Pay $83,000 Civil Penalty WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau ordered a Connecticut mortgage lender, 1st Alliance Lending, LLC (First Alliance), to…