John D. Socknat

John D. Socknat

Ballard Spahr LLP

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CFPB supervisory report highlights deficiencies in mortgage servicing, compliance management systems and fair lending compliance

Although its new mortgage servicing rules are not effective until January 10, 2014, the CFPB seems to already be using those rules as guideposts in its examinations of servicers....more

8/23/2013 - CFPB Compliance Fair Lending Mortgage Loan Servicing Standards

CFPB rules: Enforcement may be heating up as the industry awaits formal guidance

The American Association of Residential Mortgage Regulators (AARMR), the trade association for regulators responsible for supervising non-depository mortgage companies, held its annual conference last week in Denver....more

8/16/2013 - AARMR CFPB Compliance Enforcement Mortgages Supervision

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