CHLA In The News

CHLA In The News

Consumer complaint database could soon go – Scotsman Guide 4/16/18

April 16, 2018 Scotsman Guide  The Consumer Financial Protection Bureau (CFPB) under the direction of Mick Mulvaney, is reviewing how the agency handles consumer complaints against financial-services companies. Members of the mortgage industry have opposed the releasing of these complaints to the public, stating without full verification, some companies may be misrepresented without cause. Click Here for full article.

Bill would force CFPB to provide better guidance – Scotsman Guide 4/23/18

April 23, 2018 As posted on Scotsmanguide.com by Victor Whitman (victorw@scotsmanguide.com) Two members of Congress on the House Financial Services Committee, have introduced legislation seeking better guidance from the CFPB in response to a call from some mortgage industry groups. Click here for full article.    

Dodd-Frank relief bill moves to the Senate floor – Scotsman Guide 3/05/18

March 5, 2018 As posted on Scotsmanguide.com by Victor Whitman (victorw@scotsmanguide.com) Senate Bill 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act, likely has enough bi-partisan support in the Senate to avoid a filibuster.  It is being described as a “skinny” reform measure to address Dodd-Frank.  Scott Olson, executive director of the Community Home Lenders Association, notes that the transitional licensing piece of the legislation

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