Mayer Brown

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How Recent CFPB Enforcement Could Affect Reverse Mortgages 

Jul 30, 2020By

Due to a recent enforcement action taken by the Consumer Financial Protection Bureau (CFPB) against a non-depository mortgage lender, the reverse mortgage industry may be able to take some lessons concerning its own compliance posture, according to an interview with a legal specialist conducted by RMD. Earlier this month, the CFPB issued an enforcement action […]

3d rendering of a row of luxury townhouses along a street

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