CFPB Opinion Says Lenders Using Google Ads May Be In Violation Section 8 Of RESPA For Fee Splitting The CFPB has issued an opinion about mortgage comparison site platforms. The agency says these sites could be violating the Real Estate Settlement Procedures Act (RESPA) section 8. The CFPB points out that mortgage comparison sites are […]
CFPB Opinion Says Google May Be Violating Section 8 Of RESPA Read Post »
Successfully Fighting Foreclosures Requires The Strategies Most Foreclosure Defense Attorneys Get Wrong Or Don’t Even Bother Pursuing Homeowners are successfully fighting foreclosures in record numbers since the housing collapse in 2008. Why? Homeowners are realizing they can successfully fight foreclosure actions brought on by unscrupulous mortgage servicers. Or in a worse case, fight the lender
Successfully Fighting Foreclosures: How To Do It Right! Read Post »
CFPB Proposes A Public Registry Of Companies With Disciplinary Actions And Court-Orders To Prevent Recidivism The CFPB proposes a registry of financial firms when they become subject to CFPB discipline or court orders. The agency proposed on Monday to publish the orders and company information via an online registry. The CFPB proposal would require nonbanks
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CFPB Spanks Carrington Mortgage With A $5.25 Million Fime For Cheating Homeowners Of Their Rights Under The CARES Act CFPB spanks Carrington Mortgage Services with a $5.25 million fine! Yep, you heard that right. The CFPB claimed Carrington Mortgage committed improper practices related to forbearance plans during the Covid-19 pandemic. CFPB’s director Rohit Chopra said
CFPB Spanks Carrington Mortgage For CARES Act Violations Read Post »
CFPB Accused BSI Financial Services Of Improperly Handling Mortgage Servicing Transfers The CFPB announced Wednesday that it had concluded an investigation into BSI Financial Services. The agency found that BSI Financial Services had violated multiple federal laws over several years. As a result, the company agreed to pay a penalty of $200,000 and pay restitution estimated
BSI Financial Services Gets Spanked By The CFPB Read Post »
