DOJ, Merrick Garland Announce Initiatives to Combat “Modern-Day Redlining”
Discrimination and unequal treatment have been a pervasive thorn in the side of the lending industry since its inception and one of its most common...
CFPB Investigating Widespread Lending Violations in First Half of 2021
Financial regulators and lawmakers have worked tirelessly for decades to even the lending playing field for all possible customers, regardless of...
TikTok - The Newest Platform With Compliance Concerns
Over the past decade or so, online social networks have connected the world like never before. And as the technology has matured and evolved, its...
Reverse Mortgages - Where Advertising Can Go Wrong
Loans have been a staple of human survival for thousands of years. Goods, services, money, even household belongings have traded hands and deals have...
Cloud Storage: What are the Requirements for Financial Institutions?
Recent technological advancements have undoubtedly streamlined the loan process for borrowers and lenders alike, far beyond what could have been...
Online Mortgage Interest | CFPB/FHFA Originations Survey
The latest, highly-anticipated quarterly joint survey conducted by the CFPB and FHFA was recently published on July 30 and the results reflect...
CFPB: Regulation F Amendments to Move Forward without Delay
Although perhaps the most visible victims of the COVID-19 pandemic in the mortgage industry have been borrowers struggling to make their payments,...
Cuomo Cracks Down with NY Fair Lending Audits
It’s been nearly six months since New York Governor Andrew Cuomo announced the findings of a broadly-sweeping New York state investigation into...
CFPB drops hammer on GA debt relief company for telemarketing violations
The CFPB announced on July 8 that it had entered into a settlement with Georgia-based debt relief and ‘credit repair’ company Burlington Financial...