Rules – April 10, 2018

CFPB-CFPB Updates Examination Manual-Effective March 2018

By: Tammy Butler, Master CMB The CFPB updated their 1585 page exam manual effective March of 2018.  All compliance professionals should use this as their “how to do business and stay in business” guide.  If you are in compliance or just interested in what the examiners review be sure to read this article and download the [...]

2018-05-29T17:29:48-05:00April 10th, 2018|

CFPB Semi-Annual Update-Dated April 2018

By: Tammy Butler, Master CMB Two times per year, the CFPB issues a report to the President and Congress.  The updates are very telling as to the temperament and the direction of the CFPB.  This summary of the 56-page report is a good way to gauge the regulatory environment. Rule Synopsis: The CFPB had a [...]

2018-05-29T17:31:28-05:00April 9th, 2018|

Quality Control Practices-Industry Standards & Practices-4 NEW Checklists-Conventional, FHA, VA and USDA Quality Control Audit Checklists!

By: Tammy Butler, Master CMB Performing a Quality Control Audit not only is required, but is also a smart way to avoid issues and learn what your staff doesn’t know, but needs to know.  These audits are not meant to tattle on those who are not “doing it right”.  Instead, they are great training opportunities. [...]

2018-11-06T17:52:24-05:00April 9th, 2018|

CFPB – CFPB Requests Opinions on Multiple Topics

By: Tammy Butler, Master CMB Now is your chance to make your opinion known on many issues regarding the direction of the CFPB and their practices.  With the change of leadership at the CFPB, the acting director is shaking things up by soliciting the industry for their opinions on multiple topics.  Just like voting, if [...]

2018-05-29T17:33:27-05:00April 9th, 2018|