Posted To: Pipeline Press
“A sea change:” A radical change or transformation. One wouldn’t call last Friday’s note from the CFPB a sea change, but the fact that the Consumer Financial Protection Bureau announced that it will be re-evaluating expanded reporting and data resubmission requirements under its Home Mortgage Disclosure Act, set to take effect Jan. 1, 2018, is viewed by many as a very good sign. Here’s what real estate agents see about this development. Servicing As mentioned yesterday in this commentary, Situs, a provider of strategic business and technology solutions to the real estate industry, announced that it has entered into a definitive agreement to acquire Denver’s MountainView Financial Solutions . Also, as a refresher, last week PHH entered into a $45 million settlement…(read more)
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