CFPB Archives - grantglobe

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CFPB shuts down reverse mortgage servicers

Shehryar JoyiaJune 25, 2024

The CFPB’s investigation revealed that Sutherland Global, along with its subsidiaries Sutherland Government Solutions and Sutherland Mortgage Services, and NOVAD Management Consulting, had insufficient resources and staffing to manage up...

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Mortgage industry: CFPB ignores its own role in junk fees

Shehryar JoyiaMay 31, 2024

Consequences of CFPB’s actions However, Peter Idziak, a senior associate at mortgage law firm Polunsky Beitel Green, argued the probe ignores the role of increasing government regulations in driving up...

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CFPB launches public inquiry into mortgage junk fees

Shehryar JoyiaMay 30, 2024

The statement noted that a discussion makes “good sense” given home price appreciation and the swift rise in inflation that has taken place over the last couple of years. “Mortgage...

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Supreme Court upholds CFPB funding

Shehryar JoyiaMay 16, 2024

The CFPB’s budget cannot exceed 12% of the Federal Reserve’s annual operating expenses. The watchdog agency has so far not requested all of the budget authorized to it in any...