According to the CFPB, ACI’s data handling practices negatively impacted nearly 500,000 homeowners with mortgages serviced by Mr. Cooper.
The post CFPB Enacts $25M Penalty Against ACI Worldwide for Servicing Errors appeared first on Weekly Real Estate News.
The Independent Community Bankers of America (ICBA) and 42 affiliated state banking associations are calling on the Consumer Financial Protection Bureau (CFPB) to approve language that allows community banks to test out different consumer construction […]
The Consumer Financial Protection Bureau (CFPB) on Monday announced its joint rulemaking with the Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) to determine new cutoff thresholds for oversight of […]
The Consumer Financial Protection Bureau (CFPB) and Freedom Mortgage were handed minor setbacks by the presiding and magistrate judges, respectively, in a case that the regulator brought in widespread violations in its 2020 submission […]
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