by Jeff Sorg | Jul 30, 2013 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(CFPB – WASHINGTON, D.C.) — The Consumer Financial Protection Bureau (CFPB) today filed a complaint in federal district court against a Utah-based mortgage company, Castle & Cooke Mortgage LLC, and two of its officers for illegally giving bonuses to loan...
by Jeff Sorg | Jul 11, 2013 | Mortgage, Real Estate
Rule Will Improve Consumer Protections in Qualified Mortgages and Mortgage Servicing (CFPB, WASHINGTON, D.C.) — Today, the Consumer Financial Protection Bureau (CFPB) finalized corrections, clarifications, and amendments to its Ability-to-Repay and mortgage servicing...
by Jeff Sorg | Jun 5, 2013 | Mortgage
(CFPB – WASHINGTON, D.C.) — On June 4, 2013, The Consumer Financial Protection Bureau (CFPB) published the first update to its exam procedures for the new mortgage regulations it issued in January 2013. The exam procedures offer financial institutions and...
by Jeff Sorg | May 15, 2013 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(OnlineEd – Portland, OR) – The Consumer Financial Protection Bureau (“CFPB”) gave 12 months (and sometimes less) from the “issue date” to implement the majority of these new requirements. Because the CFPB considers the...
by Jeff Sorg | Aug 10, 2012 | Mortgage
(OnlineEd, InlineEd) – The InlineEd system is an easy to use compliance management system developed for the mortgage industry to help it comply with Anti-Money Laundering, Suspicious Activities Reports, Bank Secrecy Act, and continuing education or education...