CFPB

Podcast E648: Some Worried About a Revived CFPB

Shannon Hicks
Unable to use the embedded player? Listen here. Wallstreet isn’t the only one worried about a revived CFPB “Banks should be prepared for more aggressive enforcement and an expansion of the CFPB’s authority through its rulemakings,” said Rachel Rodman, a former CFPB lawyer who now represents banks as a partner

The Trump Era & The HECM

Shannon Hicks
Good News for HECM, Not So Much for Housing Programs President Donald trump embodies the essence of a political wrecking ball in Washington D.C.- a city known to cling tightly to political traditions of governing and supporting long-standing social programs, despite our ballooning deficits. While the President weathers opposition from

Reverse Mortgage News Roundup

Shannon Hicks
This Week’s Top Reverse Mortgage Stories 1- CFPB Complaints on the Rise- The CFPB has been busy collecting consumer complaints. The Consumer Financial Protection Bureau reports an increase of 172% increase in reverse mortgage-related complaints since 2012. One could guess that much of this is due to increased consumer awareness of

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