CFPB Audit Issues

Posted on Posted in Common mistakes, Mortgage Broker Compliance, Mortgage Fraud Expert Witness

The Consumer Financial Protection Bureau (CFPB) has now launched itself into the world of mortgage brokers, both pure brokers and correspondents. Three distinct problems are surfacing that are somewhat surprising given the compliance environment in which the industry operates. It is evident what the CFPB is encountering is consistent with what state regulators are also […]