California regulators collect $1.8 million fine after accusing Caliber Home Loans of overcharging nearly 5,000 borrowers for interest that accrued before their first mortgage payment…
Posts published in “California Department of Financial Protection and Innovation”
Compliance expert Summer Goralik examines practices drawing fresh regulatory scrutiny, putting questionable and potentially unlawful incentives between brokers and escrow back in the spotlight. Source:…
Los Angeles-based operation allegedly promised to help hundreds of distressed homeowners negotiate with lenders to lower their interest rates, monthly payments or principal amounts. Source:…
Regulators say education provider Real Estate Educational Services helped originators skirt annual continuing education requirements. Source: Inman News
California is leading a multi-state regulatory task force investigating a company suspected of allowing mortgage loan originators to skirt their pre-licensing and continuing education coursework…