The good news for the industry here is that the CFPB is, once again, responding to the concerns of market participants…

Currently, lenders are permitted, under certain limited circumstances, to use revised estimates…

It’s unclear whether the CFPB will appeal the decision. Bureau officials declined to comment.

Specialty servicers Ocwen and Ditech Financial ranked third and fifth, respectively, in mortgage complaints during the first six months of 2017, according to Inside the CFPB.

Under the proposal, the CFPB would increase that threshold to 500 loans through calendar years 2018 and 2019…

One negative effect: the costs required to service both performing and nonperforming loans have increased substantially.

However, Congress has already prohibited arbitration agreements in the largest market the agency oversees: residential mortgages.

In 2018, the number of data points required to comply with HMDA reporting standards is set to double…

The Bureau says it understands the industry’s concerns…

If Trump names a top GOP lawmaker to head the CFPB it would leave open another House or Senate seat…