Posted To: Pipeline Press

Lenders always have a lot going on. Like “significant competitive pressure and volatility in the capital markets,” as evidenced by Home Point’s $73 million loss for 2Q 2021, announced yesterday. Remaining compliant can be a chore as well. The current STRATMOR blog is, “Ignorance of the Law is No Excuse.” Have you visited the “Interactive Bureau Regulations” on the CFPB’s site? “A resource that makes certain Bureau regulations easier to read, navigate, and understand.” COVID 19 servicing. Buckley’s Winnow is turning some compliance and legal heads. “A powerful, comprehensive, and dynamic database of state and federal regulatory requirements.” Sure the CFPB is more focused on COVID servicing, but there are other topics…(read more)

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Source: Mortgage News Daily