June 13, 2024

Mortgage Complaint? – The Consumer Financial Protection Bureau Wants To Hear From You

The Consumer Financial Protection Bureau (CFPB), established under the Frank-Dodd Act, has started taking mortgage complaints as of December 1st. Borrowers with any type of mortgage, including an FHA mortgage, can contact the CFPB and register a complaint which the CFPB will forward to the mortgage company involved.  The CFPB plans to interact with the […]

FHA Disclosures Forms To Become Less Complicated

In the aftermath of the financial crisis, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act.  The new Act instituted the most comprehensive changes to the financial system since the 1930’s. One of the major objectives of the new Act was to protect consumers from abusive practices by the financial industry.  To accomplish […]