Rohit Chopra is director of the Consumer Financial Protection Bureau (CFPB). This article is adapted and edited from a speech delivered yesterday at the National Housing Conference in Washington, DC. While we often focus on homeownership as a vehicle for accumulating...
The Consumer Financial Protection Bureau (CFPB) has fined New Day Financial (NewDay USA) $2.25 million for problems related to active duty servicemembers and veterans seeking cash-out refinance loans. New Day Financial is a nonbank direct mortgage lender headquartered...
The Consumer Financial Protection Bureau (CFPB) has released an advisory opinion and research report highlighting predatory lending concerns related to contract-for-deed home selling. In a press statement, the CFPB warned that contract-to-deed transactions “often have...
A Phil Hall Op-Ed: It is extremely rare for a government agency to publish anything that is even vaguely negative in connection with green energy, which makes last Thursday’s announcement by the Consumer Financial Protection Bureau (CFPB) regarding solar financing...
The Consumer Financial Protection Bureau (CFPB) has proposed new rules designed to make it easier for homeowners to get help when they are struggling to pay their mortgage. According to the CFPB, the proposed changes would require mortgage servicers to focus on...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
