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Category Archives: News

Congress Holds Hearing on Mortgage Data Security

Last November, the Financial Services Committee in the U.S. House of Representatives held a hearing on the security of sensitive information held by lenders and other financial institutions. The hearing, titled "Data Security: Vulnerabilities and Opportunities for Improvement," featured testimony from several industry experts, including representatives from the American Land Title Association and National Association…
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Small Mortgage Lenders Seek Relief from Regulations

Small mortgage lenders petitioned the Consumer Financial Protection Bureau on Tuesday to weaken excessive regulations in their industry. Represented by two leading industry groups, the Community Home Lenders Association and the Community Mortgage Lenders of America, the lenders collectively expressed their desire to see more tiered regulations that strengthened or weakened regulatory enforcement depending on…
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