Mayer Brown

How Recent CFPB Enforcement Could Affect Reverse Mortgages 

Due to a recent enforcement action taken by the Consumer Financial Protection Bureau (CFPB) against a non-depository mortgage lender, the reverse mortgage industry may be able to take some lessons concerning its own compliance posture, according to an interview with a legal specialist conducted by RMD. Earlier this month, the CFPB issued an enforcement action […]