The subcommittee chairman notes: “Therefore, I was surprised by your public hesitancy last week to affirm that the president’s regulatory freeze applies to the CFPB…”

The revised Financial CHOICE Act from Rep. Jeb Hensarling, R-TX, would substantially limit the authority of the Consumer Financial Protection Bureau.

Complications tied to making payments (loan servicing, payments, escrow accounts), were identified by 33 percent of consumers filing a complaint.

The CFPB said Prospect Mortgage entered into agreements to buy leads from more than 200 different counterparties, most of which were real estate brokers.

The Fed LO survey does not include sentiments expressed by loan officers and account executives who work at nonbanks…

Correspondent lending accounts for 21.4 percent of Stearns’ total origination volume, based on fourth quarter figures from Inside Mortgage Finance…

Further, the lawmakers’ motion is untimely and fails to meet the standard for intervention, the lender argues in its filing.

The CFPB also took action against two realty firms: ReMax Gold Coast and Keller Williams Mid-Willamette...

The company’s motion arises in an unusual procedural context…

"The legal challenges [to firing Cordray] must be very legitimate or they would have tossed him by now," said one industry official...