Lenders have been notified by Consumer Financial Protection Bureau that audits will start up in the upcoming weeks with one New York area, non-bank mortgage lender confirming the CFPB will start auditing them next week for a period up to two weeks. Other mortgage industry sources have confirmed similar audit requests, but no one can confirm what the audits will entail. Read more in ReverseMortgageDaily.

Did you like this? Share it: