CFPB Director Richard Cordray Statement on the Mortgage Servicing Settlement
The settlement will provide $25 billion in financial relief to distressed homeowners and establish new servicer standards of conduct.
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CFPB Releases Mortgage Origination Examination Procedures
These procedures are a field guide for CFPB examiners looking at mortgage originators in both the bank and nonbank sectors of the industry.
Consumer Financial Protection Bureau Outlines Mortgage Servicing Examination Strategy
The Mortgage Servicing Examination Procedures released today by the CFPB describe the types of information that the agency's examiners will gather to...