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 Consumer Financial Protection Bureau (CFPB) announced this week that it is launching an inquiry into the business practices of data brokerage firms to learn whether their impact on consumers can inform planned rulemaking under […]
The Consumer Financial Protection Bureau stated on Tuesday that it will be lenient when enforcing changes made in the 2020 Home Mortgage Disclosure Act Final Rule on the closed-end loan reporting threshold. On September 23, […]
The United States Court of Appeals for the Second Circuit, comprising the districts of Connecticut, New York and Vermont, decided on Thursday that the funding provisions for the Consumer Financial Protection Bureau (CFPB) are constitutional. […]
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