The Smart Team of NOVA® Home Loans

HMDA, Sales, Digital Training; CFPB News; New Products

Posted To: Pipeline Press

There are plenty of companies out there, banks and non-banks, trying to raise money. Since lots of folks like lists, let’s start Tuesday with the top 10 things that investors don’t want to hear during your sales pitch. My cat Myrtle has been strangely silent about her thoughts on if Director Cordray will leave voluntarily, to run for governor of Ohio, or leave involuntarily. Regardless, the CFPB is moving ahead with its directives. For example, vendor management is risk management. For example, the CFPB has always had the authority to examine the service providers that support the top financial institutions and has begun actively supervising these service providers. In theory, the vulnerability of the nation’s top financial institutions is, in part, related to critical vendors. And the…(read more)

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Source: Mortgage News Daily

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