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Volume 29 - Number 23

November 12, 2018

CFPB Exams Continue Apace Despite Its Seemingly Soft Touch

Acting CFPB Director Mick Mulvaney is perceived as someone whoís taking a softer touch on enforcement matters than his predecessor, but nonbank mortgage originators are still being examined at a regular clip, according to industry attorneys As for how many lenders are being examined each year, thatís a different matter. The agency, as a practice, does not disclose those figures. ďWeíve had a significant number of nonbank clients get examined by the CFPB ...

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