News and Insights

There Are Two Stories: Do You Know Both?

August 2, 2016

When you become the target of a regulatory agency, it can become very easy to…

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CFPB Warns Against LO Comp Accidentally Leading to Elder Abuse

June 21, 2016

Over the last several months the Consumer Financial Protection Bureau has focused on financial abuse…

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Court Ruling Reignites Underwriter Compensation Fight

May 3, 2016

Whether certain loan officers are exempt from minimum wage and overtime compensation is an argument…

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CFPB No-Action Letters Smooth Path to Mortgage Innovation

April 5, 2016

The Consumer Financial Protection Bureau finally released in February its long-awaited policy pertaining to no-action…

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Auto Lending Settlement Justifies Pricing Discretion in Mortgages

March 14, 2016

Compliance experts have long disagreed about how much, if any, discretion loan officers have in…

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Shed Light on Fair Lending to Avoid Compliance Blind Spots

March 9, 2016

The Consumer Financial Protection Bureau recently issued general policy objectives, which included goals related to…

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CFPB Announces Policy Priorities For Next Two Years

February 29, 2016

The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) released a statement last week containing its…

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Lenders, You Are Your Vendors’ Keeper

January 9, 2016

With consumers given the green light to sue lenders over the third-party vendors that they…

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In 2016, Worry Less About MSAs and More About Compensation

December 21, 2015

While marketing services agreements caused a stir during the second half of 2015, the mortgage…

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Rose-Tinted Cost Estimates Will Have Regulators Seeing Red

November 25, 2015

Overly optimistic assumptions that can create false impressions for borrowers can easily rise to the…

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