News and Insights

Clearing the Air

January 6, 2017

“The major change is that, as opposed to merely responding to regulatory challenges there may…

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Lenders Aren’t Out of the Woods Yet on Compensation

December 21, 2016

By Ari Karen Many lenders heard the news that the Department of Labor’s new rule…

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Appellate Court Rules CFPB Structure is Unconstitutional

November 16, 2016

In a long-awaited decision in the case of PHH Corporation v. CFPB, the U.S. Court…

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So, President Trump. Not many thought they would hear those words. But what does it mean for lenders?

November 9, 2016

By Ari Karen The reality is that without a filibuster proof majority, a repeal of…

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Bank Statement Loans Are Only as Safe as the Lenders Originating Them

October 20, 2016

As consumers increasingly accept nontraditional jobs and move away from standard, well-documented income patterns, mortgage…

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While Tempting, Lending Loopholes Could Lead to UDAAP Traps

September 16, 2016

By Ari Karen The Consumer Financial Protection Bureau’s recent victory against an online loan servicer serves as…

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Regulators’ Down Payment Disconnect Puts Strain on Homeownership

September 1, 2016

Amid the constant regulatory ambiguity that has become commonplace for lenders since 2011, they have…

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One Branch Can Sink You

August 24, 2016

By Ari Karen If you are on the leadership team of a bank that has…

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CFPB Happy to Remind You Compliance Is Everyone’s Responsibility

August 17, 2016

Lenders have been struggling for some time with convincing business partners and employees that the…

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How the FLSA Affects the Mortgage Industry

August 9, 2016

Recently, I heard in the news about a two million dollar settlement from a single…

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