RESPA Enforcement to Ramp Up This Year?

Mortgage companies could see more enforcement of the Real Estate Settlement Procedures Act, National Mortgage News reported this week, following statements made by former FHA Commissioner Brian Montgomery to a conference of industry professionals. “As you know, there has been very little enforcement in this area for several years and now that the [Consumer Financial […]

NRMLA Outlines Most Immediate CFPB Reverse Mortgage Concerns, More to Follow

While the Consumer Financial Protection Bureau has yet to do much in the way of reverse mortgage examination or enforcement, the agency will be making an impact on the industry now that it has its full authority, representatives from the National Reverse Mortgage Lenders Association told attendees of a webinar Tuesday. “Now that it has […]