by Jeff Sorg | Jul 31, 2014 | California Real Estate, Mortgage, Real Estate
(OnlineEd – Jeff Sorg) – The deadline to complete NMLS CE for MLO license renewal is December 31, 2014. However, NMLS Rules allow course providers seven days to report their course completions to NMLS. This means licensees will not want to wait until the...
by Jeff Sorg | Nov 7, 2013 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(CFPB – WASHINGTON, D.C.) The Consumer Financial Protection Bureau (CFPB) today announced a proposed consent order in its enforcement action against Castle & Cooke Mortgage, LLC, for allegedly steering consumers into costlier mortgages. The Bureau has asked...
by Jeff Sorg | Aug 16, 2013 | Mortgage, Real Estate
(CFPB – WASHINGTON, D.C.) On August 15, 2013 the Consumer Financial Protection Bureau (CFPB) released a second update to its exam procedures in connection with the new mortgage regulations issued in January 2013. The interim exam procedures offer valuable...
by Jeff Sorg | Jun 27, 2013 | Mortgage
(CFPB -WASHINGTON, D.C.) —The Consumer Financial Protection Bureau (CFPB) issued a rule that establishes procedures to bring under its supervisory authority certain nonbanks whose activities it has reasonable cause to determine pose risks to consumers. Nonbanks...
by Jeff Sorg | Jun 24, 2013 | Mortgage
CONSUMER FINANCIAL PROTECTION BUREAU ISSUES PROPOSED MODIFICATIONS TO MORTGAGE RULES Proposal Would Resolve Implementation Issues and Clear Way for Better Consumer Protections (CFPB, WASHINGTON, D.C.) Today the Consumer Financial Protection Bureau (CFPB) proposed...