Wednesday, October 26, 2016

Cordray remarks to MBA signal continued CFPB focus on servicing, likely petition for rehearing in PHH case

Richard J. Andreano, Jr. In his remarks at the Mortgage Bankers Association’s annual meeting in Boston on October 25, Director Cordray signaled that mortgage servicing will continue to be a focus of CFPB supervisory and enforcement activity, with the CFPB taking a rigorous approach to compliance.   While noting that the CFPB has seen “some progress” in compliance with CFPB... More >...(read more)
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