The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

Politics & MoneyInvestmentsMortgage

Want to join the CFPBÕ advisory board and councils?

Now accepting applications

The Consumer Financial Protection Bureau started accepting applications to join three of its four independent advisory groups, which give formal input on everything from consumer engagement, to policy development to research.

In the fall of 2017, seven seats on the Consumer Advisory Board, two seats on the Community Bank Advisory Council and six seats on the Credit Union Advisory Council will become available. The Academic Research Council is the only group not accepting applications.

“To be sure that we hear from a variety of experts with diverse viewpoints, we set up the Consumer Advisory Board, the Community Bank Advisory Council, and the Credit Union Advisory Council,” the bureau stated on the application page. “These advisory groups provide us with information about emerging trends and practices in the consumer financial marketplace. They also allow us to hear directly from small financial institutions.”

The application process opened up earlier this month, and the deadline to apply is March 1.

The four groups fall under the CFPB’s Dodd-Frank requirements. According to the act, in appointing members to the board, “the Director shall seek to assemble experts in consumer protection, financial services, community development, fair lending and civil rights, and consumer financial products or services and representatives of depository institutions that primarily serve underserved communities, and representatives of communities that have been significantly impacted by higher-priced mortgage loans, and seek representation of the interests of covered persons and consumers, without regard to party affiliation.”

Here’s a quick list of what the bureau is looking for:

  • Experts in consumer protection, community development, consumer finance, fair lending, and civil rights
  • Experts in consumer financial products or services
  • Representatives of banks that primarily serve underserved communities
  • Representatives of communities that have been significantly impacted by higher priced mortgage loans
  • Current employees of credit unions and community banks
  • Academics (Experts in consumer finance markets and underserved populations)

Most Popular Articles

Ex-loanDepot COO: Tony Hsieh cut corners to boost volume

The suit, filed by former COO Tammy Richards, accuses loanDepot CEO Anthony Hsieh of ordering the sales team to “trust [their] borrowers” and close loans, disregarding proper underwriting etiquette. 

Sep 23, 2021 By and

Latest Articles

Agent fired after hack exposed alleged racist, Holocaust-denial views

According to data obtained by “hacktivist collective” Anonymous, from domain registrar Epik, Alayon allegedly tried to register domains including theholocaustisfake.com, whitechristianrepublican.com, whitesencyclopedia.com and Chinese-coronavirus.com.

Sep 27, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please