Nancy R. Thomas

Nancy R. Thomas

Morrison & Foerster LLP

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The CFPB Targets Mortgage Reinsurance Yet Again

The Consumer Financial Protection Bureau filed an administrative enforcement action against PHH Corporation, alleging a nearly 15-year “mortgage insurance kickback scheme” by its mortgage origination and reinsurance...more

2/4/2014 - CFPB Compliance Enforcement Enforcement Actions Mortgages Reinsurance RESPA TILA

How to Be a Good Corporate Citizen CFPB Style

On June 25, 2013, the Consumer Financial Protection Bureau (CFPB) issued Bulletin 2013-06 identifying “responsible business conduct” that may impact the exercise of its “enforcement discretion.” The Bulletin specifies the...more

7/5/2013 - CFPB Compliance Enforcement Actions Remediation Responsible Business Conduct Self-Policing Self-Reporting

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