The Consumer Financial Protection Bureau has released its monthly complaint snapshot which showed that although mortgage complaints have increased from last year, month-over-month mortgage complaints showed the greatest percentage decrease. See the details here.
The Community Home Lenders Association recently wrote to the Consumer Financial Protection Bureau warning the agency of what it believes to be a dangerous flaw with the new TILA-RESPA Integrated Disclosure rules. See why the organization thinks this problem could cost you millions.
The National Association of Federal Credit Unions (NAFCU) is not a fan of the Consumer Financial Protection Bureau’s (CFPB) complaint database. Recently the organization expressed its concern with the database in a letter to the bureau. See why NAFCU believes the database is bad for credit unions and now is encouraging the CFPB to cease publishing it.
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