CFPB slaps TD Bank with $28M fine for consumer protection violations

The Consumer Financial Protection Bureau (CFPB) has ordered TD Bank to pay $28 million for illegal actions that could tarnish consumer credit reports and for not taking timely action to correct its errors.The CFPB’s investigation found that for several years, TD Bank repeatedly gave inaccurate accou
Read MoreLogan Mohtashami talks recession concerns, home affordability with the ’Real Estate Insiders’

In a recent episode of the “Real Estate Insiders Unfiltered” podcast, co-hosts James Dwiggins and Keith Robinson chat with HousingWire Lead Analyst Logan Mohtashami to discuss a variety of issues — including pending concerns of a recession, mortgage rates and housing affordability issues that persis
Read MoreOpinion: Unlocking the potential of the Pass-Through Assistance Program

First launched in April of 2020, the Pass-Through Assistance Program (PTAP) was an important initiative designed to provide mortgage servicers with the liquidity needed to endure the financial challenges due to the COVID-19 pandemic. As millions of borrowers struggled to meet their mortgage payments
Read MoreWhat ICE’s Encompass bombshell means for the mortgage industry

ICE Mortgage Technology will be sunsetting legacy integrations for its flagship Encompass platform by Oct. 31, 2025, which will modernize the mortgage market even if some vendors have to go kicking and screaming. In an email to partners on Tuesday, ICE said that it will be closing down the Encompass
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