The CFPB alleges mortgage servicers charged excessive late fees, assessed “fake” private mortgage insurance premiums and made homeowners pay for unnecessary inspections.
Source: Inman News
Federal consumer watchdog flags mortgage servicers’ junk fees
Published in CARES Act, CFPB, Consumer Financial Protection Bureau, late fees, Mortgage, mortgage servicing, Regulations, rohit chopra and Select
More from CARES ActMore posts in CARES Act »
More from CFPBMore posts in CFPB »
- What every real estate pro should know about kickback rules
- Outside lawyers, WSJ editorial board urge Trump not to fire Powell
- Fed rebuts accusations that Powell mismanaged $2.5B renovation
- Government regulator lets BofA mortgage off the hook 3 years early
- Court denies CFPB’s request to vacate fair lending settlement
More from Consumer Financial Protection BureauMore posts in Consumer Financial Protection Bureau »
- What every real estate pro should know about kickback rules
- Outside lawyers, WSJ editorial board urge Trump not to fire Powell
- Fed rebuts accusations that Powell mismanaged $2.5B renovation
- Fannie, Freddie ordered to accept new VantageScore 4.0 credit score
- Government regulator lets BofA mortgage off the hook 3 years early
More from late feesMore posts in late fees »
More from MortgageMore posts in Mortgage »
- Better Mortgage seizes the day on Wall Street with $75M raise
- Is the mortgage lock-in effect ending? These numbers offer clues
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Enduring elegance: Leadership lessons from Giorgio Armani
- How the Compass-Anywhere deal could spur an ‘arms race’
More from mortgage servicingMore posts in mortgage servicing »
- Appraisal bias suit against Rocket Mortgage, Solidifi moves forward
- Pennymac takes a stake in Vesta, launches non-QM mortgages
- LoanDepot shares surge on bullish call by Citron Research
- Mr. Cooper shareholders approve merger with Rocket Companies
- Rocket, Mr. Cooper merger OK’d by Fannie and Freddie regulator
More from RegulationsMore posts in Regulations »
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Lenders getting a jump on higher 2026 conforming loan limits
- Trump asks Supreme Court to remove Fed Governor Lisa Cook
- Trump wins one battle, loses another as Fed policymakers kick off 2-day rate-setting meeting
More from rohit chopraMore posts in rohit chopra »
More from SelectMore posts in Select »
- Zillow bashes CoStar in request to transfer lawsuit
- In copyright battle with Zillow, CoStar says the portal giant ‘brazenly’ keeps at it
- Douglas Elliman launches national Estate, Trust & Probate Division
- The Compass-Anywhere merger: Questions from a Coldwell Banker real estate agent
- Associations: Want to add value, relevance? Raise the bar on events
Be First to Comment