CFPB Sues Rocket Homes And Real Estate Brokerage Over Kickback Scheme Rocket Homes remains defiant. Like usual, they are denying the allegations and calling them a distortion of reality. The CFPB said on Monday that it has sued Rocket over alleged violations of the Real Estate Settlement Procedures Act (RESPA), to include illegal kickbacks and
The CFPB Has Reached A $2.75 Billion Settlement With Lexington Law And CreditRepair.com The CFPB announced it has reached a $2.75 Billion settlement with Lexington Law and other larger credit repair brands. The settlement follows a court ruling indicating companies used telemarketers to collect illegal advance fees for credit repair services. The settlement bans companies
Lexington Law Reaches $2.7B Settlement With The CFPB Read Post »
CFPB Opinion Says Lenders Using Google Ads May Be In Violation Section 8 Of RESPA For Fee Splitting A recent CFPB opinion about mortgage comparison site platforms is not very encouraging. The agency says these sites could be violating the Real Estate Settlement Procedures Act (RESPA) section 8. The CFPB points out that mortgage comparison
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 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 to
