Though many financial companies have significant concerns about actions by the CFPB, the reforms brought in by the bureau are generally preferred, according to industry stakeholders.
It has been two months since the CFPB’s nonbank repeat offender registry opened for registration, but still confusion remains among entities over whether they fall under the scope of the rule.
One of the nation’s top mortgage lenders wants a federal court to confirm that lenders can’t interfere within independent appraisals, even if they are allegedly discriminatory.