The Importance of Maintaining Your HMDA Data Accuracy

When it comes to your client’s data, your main priority should rightly be keeping it secure from any third parties. However, when the time comes to deliver the data and you have accidentally omitted a piece of information, it can have serious consequences for you and...

Deep Dive into CFPB’s Public Complaint Database

Every company, even the exceptionally good ones, will get a complaint from time-to-time.  That said, I think the Consumer Finance Protection Bureau (CFPB) Consumer Complaint Database is a valuable resource for both consumers and our customers who are mortgage...

UDAAP and ECOA Issues in Servicing

Due to the mass amounts of paperwork and legislation, mortgages are a key part of the U.S. financial industry and its most complex feature as well. Here is a quick breakdown of two key compliance concerns related to servicing, one being “fair servicing” ECOA issues...
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