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CFPB cracks down on loan officers, title company for kickback scheme

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Mortgage Professional America | 04 May 2015, 05:00 AM Agree 0
The CFPB and the state of Maryland have sued a title company and four mortgage officers alleged to have participated in an illegal kickback scheme.
  • Michael | | 11 May 2015, 01:55 PM Agree 0
    To my knowledge, kickbacks have been illegal as long as I have been in the mortgage industry 20+ years, so why the need for another federal agency, especially one with no congressional oversight. Another example of government redundancy and waste.
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