Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has levied a $2 million penalty against Fay Servicing for breaching mortgage servicing laws and failing to comply with a 2017 …
CFPB Imposes $2 Million Penalty on Fay Servicing for Mortgage Law Violations Read More
WASHINGTON, D.C. — Potential relief is on the horizon for homeowners grappling with mortgage woes, thanks to new rules proposed by the Consumer Financial Protection Bureau (CFPB). The bureau is …
Home Sweet Home: CFPB Proposes Sweeping Changes to Protect Struggling Homeowners Read More
ROCHESTER, NY — Sutherland has issued a response to the Consumer Financial Protection Bureau‘s (CFPB) recent actions regarding work it performed as a subcontractor for NOVAD Management Consulting, which concluded …
Sutherland Responds to CFPB Agreement Over NOVAD Subcontract Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is taking action against Freedom Mortgage Corporation, a major mortgage lender, for repeatedly submitting error-filled mortgage loan data to federal regulators. …
CFPB Seeks $3.95 Million Penalty from Freedom Mortgage for Inaccurate Data Reporting Read More
WASHINGTON, D.C. — The Department of Veterans Affairs (VA) has issued new guidance urging mortgage servicers to pause foreclosures on VA-guaranteed loans through the end of 2024. This measure aims …
VA Urges Mortgage Servicers to Halt Foreclosures for Veterans Through 2024 Read More
PENNSYLVANIA — Attorney General Michelle Henry joined a coalition of 50 Attorneys General this week to announce a $10 million settlement with ACI Worldwide, a payment processor whose testing error in …
$2 Billion Unauthorized Withdrawals: ACI Worldwide Settles with Attorneys General in Landmark Payment Processor Error Case Read More