Key insight: House Republicans are proposing to overhaul the CFPB’s funding structure. What’s at stake: The package includes a number of reforms wanted by banks, including limiting some of the bureau’s authority to regulate “abusive” practices and providing a safe harbor for some small dollar lending products offered by depository institutions. Forward look: The package […]
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Stewart Information Services has acquired two more companies in line with its goal to expand offerings for housing finance players that manage mortgage assets on a long-term basis. Processing Content The acquisitions of ProTitleUSA and its document services affiliate follows a string of other mortgage-related transactions at Stewart, including the purchases of Lawyers Signature Settlements,
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Washington State officials fined a global mortgage services provider for unlicensed activity, pointing to the potential risks posed to lenders by third-party vendors amid still-ongoing consumer regulatory scrutiny. Processing Content 3N Performance, a technology services advisory and workforce solutions outsourcing firm, agreed to a consent order and a $75,000 fine from the Washington Department of
Unlicensed vendor fines highlight third-party buyback risks Read More »