Reverse mortgage borrowers whose loans were previously serviced by HUD’s servicing subcontractor NOVAD Management Consulting, LLC may receive a reimbursement check in the mail resulting from a lawsuit … more CFPB Settlement Checks Sent to HECM Borrowers
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NRMLA Submits ECOA Comments to CFPB
On behalf of its members, NRMLA submitted comments to the Consumer Financial Protection Bureau concerning the CFPB’s proposed amendments to Regulation B, which implements the Equal Credit Opportunity … more NRMLA Submits ECOA Comments to CFPB
CFPB Takes Action Against Former HUD Contract Sub-Servicer
The Consumer Financial Protection Bureau issued an order to permanently ban Sutherland Global, its subsidiaries Sutherland Government Solutions and Sutherland Mortgage Services, and NOVAD Management Consulting from servicing … more CFPB Takes Action Against Former HUD Contract Sub-Servicer