CFPB Enforcement Actions Presage Bureau’s Post-Obama Approach

CFPB LogoThe impact of the Consumer Financial Protection Bureau’s recent crackdown on Prospect Mortgage, LLC, continues to reverberate throughout the real estate industry. Through that crackdown the bureau offers clues about how it intends to regulate in a Trump administration—and it’s not pretty. Late last month, the CPFB entered into a consent order against Prospect Mortgage stemming from the company’s improper referral activities, which violated the Real Estate Settlement Procedures Act. View Full Post
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