Category: CFPB

Well intended policies sometimes go sideways

May 10, 2023

It’s important to understand the impact that government housing policies and enforcement may have on mortgage loan companies.

CFPB exposes sensitive data over personal email

April 24, 2023

The CFPB employee exposes sensitive data by sending over personal email in a massive data breach. The National Association of Realtors is the #1 spender in lobby dollars!

CFPB helping the mortgage market

April 21, 2023

The CFPB is looking into mortgage comparison sites through the scope of RESPA section 8A as possible steering you to the highest paying partner.

(STORY) Townstone Financial vs. CFPB

March 3, 2023

A federal judge dismissed the case against Townstone Financial ruling that the evidence did not prove ECOA violations and the CFPB did not have the authority to file the lawsuit.

The CFPB is unconstitutional, allegedly

March 1, 2023

The Consumer Financial Protection Bureau finds itself at the United States Supreme Court again, this time fighting to justify its existence and that its funding is constitutional.

CFPB reports a decrease in collections

February 21, 2023

The CFPB released a report revealing the number of accounts in collections decreasing significantly over the last four years. Thanks in part to a strong job market and pandemic era resources.

Townstone Financial prevails in battle with CFPB

February 9, 2023

Townstone Financial bests the CFPB as the case against them is dismissed with prejudice. Now, what, if any recourse is available for them to recover their reputation?

CFPB lands knock-out punch to Wells Fargo

January 12, 2023

The CFPB hits their favorite target Wells Fargo with another fine. This time for 3.7B against the largest mortgage lender. Wells waives the white flag and exits the space.