Author name: Ricky Vasquez

CFPB void shifts focus to other types of servicing rules

For those tracking servicing regulation and compliance, Consumer Financial Protection Bureau cutbacks have pushed attention toward agencies like the Federal Housing Administration, whose distressed loan rules are likely to shape servicing priorities in 2026.   Processing Content “There’s really not a lot going on with the CFPB,” said Donna Schmidt, president and CEO of DLS Servicing. […]

CFPB void shifts focus to other types of servicing rules Read More »

Virginia’s top bank cop for 28 years leaves national legacy

Key insight: Joe Face is retiring after 28 years as commissioner of Virginia’s Bureau of Financial Institutions, the longest tenure in the job in the state’s history. Why it matters: A commitment to strengthening the dual bank regulatory system has been a hallmark of Face’s tenure. Expert quote: Face “has been at the forefront of

Virginia’s top bank cop for 28 years leaves national legacy Read More »