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Articles Posted in CFPB UDAAP

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CFPB TARGETS MORTGAGE ORIGINATION ADVERTISING PRACTICES

The Consumer Financial Protection Bureau has been sending strong messages across the real estate industry lately with its aggressive campaign against companies who they believe have made material misrepresentations which improperly suggested the lender was affiliated with a United States governmental entity or the company advertising its mortgage products was…

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TILA-RESPA “TRID” Enforcement Delay Announced by CFPB

The Consumer Financial Protection Bureau “CFPB” announced today they will delay “enforcement” of the new Truth In Lending-RESPA Integrated Disclosure “TRID” rule for an undefined period of time. Over two hundred members of Congress were pushing for an enforcement delay until December 31, 2015 but the CFPB did not place…

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MARX STERBCOW AND CHARLES CAIN TO PRESENT AT THE 2015 NATIONAL SETTLEMENT SERVICES SUMMIT “NS3” CONFERENCE ON VENDOR MANAGEMENT FOR TITLE AGENTS

Marx Sterbcow, Managing Attorneyat Sterbcow Law Group, and Charles Cain, Of Counsel to Sterbcow Law Group and Senior Vice President to WFG National Title Insurance Company, will speak at the 2015 National Settlement Services Summit“NS3” Conference in Atlanta, Georgia on June 9, 2015. The presentation “Who’s Your Vendor? Vendor Management…

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MARX STERBCOW INVITED TO SPEAK AT THE 2015 REAL ESTATE SERVICES PROVIDERS COUNCIL ANNUAL CONFERENCE

Marx Sterbcow, managing attorney of the Sterbcow Law Group, and Jaime Kosofsky, Partner with Brady & Kosofsky, will speak at the Real Estate Service Providers Council “RESPRO” Annual Conference in San Diego, California’s Andaz Hotel on April 21, 2015. The presentation “Where the Rubber Meets the Road: Helping Your Retail…

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ATS Secured Webinar on RESPA Section 8: Understanding Marketing & Advertising Regulations

Marx Sterbcow, Managing Attorney of the Sterbcow Law Group LLC, will be presenting on the ATS Secured & Advanced Bank Solutions Webinar Series on Tuesday, March 31, 2015 (1:30 PM – 2:30 PM CDT) on the topic of “RESPA Section 8: Understanding Marketing & Advertising Regulations.” The webinar will cover…

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CFPB CONSENT ORDER: NEWDAY FINANCIAL AND EXPANSION OF RESPA VIA UDAAP

The Consumer Financial Protection Bureau “CFPB” announced another Consent Order with NewDay Financial, LLC on February 10, 2015 where they agreed to settle allegations that NewDay engaged in deceptive acts or practices by failing to disclose payments to a veteran’s organization that endorsed NewDay for reasons other than for NewDay’s…

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CFPB SUES SPRINT FOR UDAAP VIOLATIONS INVOLVING UNAUTHORIZED THIRD-PARTY CHARGES

The Consumer Financial Protection Bureau “CFPB” and Federal Trade Commission “FTC” filed suit against the Sprint Corporation in the United States District Court Southern District of New York on December 17, 2014 alleging that Sprint illegally charged its wireless customers millions of dollars in unauthorized third-party text message fees from…

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