Despite What Some Lenders Think, It’s a Bad Time to Get Lax on Compliance
HousingWire, Mar. 20, 2018–Sarah Wheeler
President Donald Trump has made eliminating regulations a top priority of his administration and has tried to limit the reach of one of the chief mortgage regulators–the Consumer Financial Protection Bureau. But lenders who interpret that to mean they can relax their compliance efforts are sadly mistaken, according to analysts at the Ellie Mae Encompass conference in Las Vegas.