The Consumer Financial Protection Bureau (CFPB), joined forces with the Consumer Protection Division, Office of the Attorney General of Maryland (CPD), and announced the next chapter of its enforcement against participants of a “mortgage-kickback scheme” involving Wells Fargo, JPMorgan Chase and the now defunct Maryland-based title company, Genuine Title.
New Day Financial is in trouble again. This time, it’s with the Multi-State Mortgage Committee, which states that some New Day’s employees, including its CEO and COO, have been cheating on mortgage loan originator license tests. Get the details here.
The Consumer Financial Protection Bureau will be participating in its final webinar in a series of five discussing the new integrated disclosure rule. During the webinar, the bureau will answer questions and concerns raised by industry leaders about the rule.
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