News and Insights

Looking at Mini-Correspondents Differently BY ARI KAREN

August 12, 2014

Often a mistake lenders make in response to Consumer Financial Protection Bureau guidance is to…

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Update to Maryland Housing Counseling Notice

June 23, 2014

The recent implementation of the Dodd-Frank Act homeownership counseling notice requirements has prompted the Maryland…

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A Reminder of the Risks from Lending Through Third Parties

May 21, 2014

Last month, BMO Harris Bank changed policies on auto lending to pay a flat percentage…

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Closing On A Mortgage Isn’t Like Cramming For An Exam

May 19, 2014

The CFPB last week made news by publicly recognizing that borrowers felt overwhelmed in regard…

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What Small Mortgage Lenders Can Learn from Credit Card Settlement

May 12, 2014

The Consumer Financial Protection Bureau has once again utilized its broadest and most powerful weapon—Unfair…

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Proposed Fix for QM Helps, but Falls Short of Needed Clarity

May 5, 2014

The CFPB proposed a 120-day period wherein lenders could cure an “overcharge” exceeding the cap…

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