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Mortgage servicer

A stack of money
National

CFPB Imposes $2 Million Penalty on Fay Servicing for Mortgage Law Violations

August 23, 2024August 23, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has levied a $2 million penalty against Fay Servicing for breaching mortgage servicing laws and failing to comply with a 2017 …

CFPB Imposes $2 Million Penalty on Fay Servicing for Mortgage Law Violations Read More

A couple looking at the document in shocked emotion.
National

Home Sweet Home: CFPB Proposes Sweeping Changes to Protect Struggling Homeowners

July 15, 2024July 14, 2024 - by Maryann Pugh

WASHINGTON, D.C. — Potential relief is on the horizon for homeowners grappling with mortgage woes, thanks to new rules proposed by the Consumer Financial Protection Bureau (CFPB). The bureau is …

Home Sweet Home: CFPB Proposes Sweeping Changes to Protect Struggling Homeowners Read More
Sutherland
National

Sutherland Responds to CFPB Agreement Over NOVAD Subcontract

June 27, 2024June 27, 2024 - by Timothy Alexander

ROCHESTER, NY — Sutherland has issued a response to the Consumer Financial Protection Bureau‘s (CFPB) recent actions regarding work it performed as a subcontractor for NOVAD Management Consulting, which concluded …

Sutherland Responds to CFPB Agreement Over NOVAD Subcontract Read More

Consumer Financial Protection Bureau Requests Information on the Impact of the CARD Act Regulations on Small Entities and the Consumer Credit Card Market
National

CFPB Seeks $3.95 Million Penalty from Freedom Mortgage for Inaccurate Data Reporting

June 24, 2024June 24, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is taking action against Freedom Mortgage Corporation, a major mortgage lender, for repeatedly submitting error-filled mortgage loan data to federal regulators. …

CFPB Seeks $3.95 Million Penalty from Freedom Mortgage for Inaccurate Data Reporting Read More
US Department of Veterans Affairs
National / Veteran Issues

VA Urges Mortgage Servicers to Halt Foreclosures for Veterans Through 2024

June 4, 2024June 3, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Department of Veterans Affairs (VA) has issued new guidance urging mortgage servicers to pause foreclosures on VA-guaranteed loans through the end of 2024. This measure aims …

VA Urges Mortgage Servicers to Halt Foreclosures for Veterans Through 2024 Read More

Trending News

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  • Newark Man Arrested in Shocking Allegations of Child Sexual Abuse!

  • Traffic Stop on Route 1 Uncovers 2 Kilos of Cocaine, Selbyville Man Arrested!

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