CFPB’s Very First Loan Officer Compensation Enforcement Action

CFPB’s Very First Loan Officer Compensation Enforcement Action

In July of 2013, the CFPB took its first enforcement action for so-called violations of settlement limitations. In this instance, the CFPB filed a issue in Utah federal region court against Castle & Cooke Mortgage LLC as well as 2 of its senior officers within their specific ability. This instance had been initially called into the CFPB because of the Utah home loan banking regulator. Continue reading “CFPB’s Very First Loan Officer Compensation Enforcement Action”