The CFPB’s latest supervisory highlights report found instances of mortgage lender compliance management system (CMS) deficiencies, failure to verify total monthly income in determining a borrower’s ability to repay, and failure to provide timely disclosures. Regarding CMS deficiencies, bureau examiners concluded that the overall mortgage origination CMS at some institutions was weak because it allowed violations of a handful of various regulations to occur, the report stated. …