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News & Press: Regulatory

CFPB Fall 2015 Supervisory Highlights

Thursday, November 5, 2015   (0 Comments)
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Yesterday, the CFPB released its fall 2015 supervisory highlights, which reveals violations that its examiners uncovered in supervisory exams.


Specifically, pages 9-15 detail violations that the CFPB is finding in supervisory examinations with respect to mortgage origination. It will be interesting to see if the next report highlights issues uncovered in TRID compliance. It is important to focus on the problems highlighted in the report since we know that the CFPB brings enforcement actions based on alleged violations discovered in exams. The next section details problems that it uncovered with respect to mortgage servicing.



CFPB 2015 Fall Supervisory Highlights

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