public inquiry Archives | Weekly Real Estate News

CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’

by Phil Hall | May 30, 2024 | Current News & Events, Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has begun a public inquiry into mortgage closing costs, claiming that so-called “junk fees” are inflating these costs. The agency issued a request for information regarding which fees are subject to competition, how fees...

CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’

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