I found today's The Title Report article, " CFPB to Supervise Mortgage Servicers, will level the playing field" (subscription required) to be troubling. Attorney Richard Horn, former senior counsel for the CFPB, is promoting the direct supervision of mortgage servicing operations by the CFPB in an effort to level the playing field and reduce consumer risk. Really? Is … Continue reading Are we letting the camel into the tent?
I saw a great Housing Wire article today regarding a long overdue CFPB crackdown on RESPA violators. Our industry has been ground zero for those that deal in the "pay to play" practice of doing business for far too long. Too many companies playing by the rules have lost out on business opportunities because others … Continue reading It’s about time!