News in mortgage:
April 20th, 2018
This week, Sawyer covers the CFPB's enforcement action against Wells Fargo, the impact of Fannie Mae's Collateral Underwriting on Appraisers, the opinions of bank workers on the CFPB, and the potential disappearance of the CFPB complaint database.
Articles covered this week:
Wells Fargo has been fined a total of 1 billion dollars by the OCC and the CFPB:
https://nationalmortgageprofessional.com/news/66737/wells-fargo-expecting-federal-fines-reach
The CFPB complaint database could get axed:
http://www.scotsmanguide.com/News/2018/04/Consumer-complaint-database-could-soon-go/
Bank workers are demanding a return of the stronger CFPB:
https://www.mpamag.com/news/banking-group-slams-mulvaney-demands-stronger-cfpb-98152.aspx
Appraisers are firing back against Fannie Mae’s Collateral Underwriting: