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Beware those Celebrity Studded Reverse Mortgage Ads – CFPB

by devteam June 5th, 2015

Older Americans are being warned that ads touting reverse mortgages "that seem too good to be true" might be just that. Rather slyly using a tag line from one popular reverse mortgage advertisement, the Consumer Financial Protection Bureau (CFPB) has

Stevens: CFPB Listened to Input of MBA

by devteam June 5th, 2015

Enforcement of compliance with the new RESPA/TILA disclosure forms has been postponed . As appeared inevitable after almost unanimous testimony in favor of a delay at a House Financial Services Committee meeting in mid-May, the Consumer Financial Protection

Mortgage Profits Doubled in Q1

by devteam June 5th, 2015

Mortgage profits soared in the first quarter of 2015 the Mortgage Bankers Association (MBA) said this week, nearly doubling the per loan net produced in the fourth quarter of 2014. Independent mortgage banks and subsidiaries of chartered banks reported

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