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Mortgage Lender Shares Details of First-Ever CFPB Audit

Mortgage lender First Meridian Mortgage Corporation went though its first-ever Consumer Financial Protection Bureau audit this month, just a matter of weeks after the government agency received its authority to examine non-bank mortgage lenders. The company operates a small reverse mortgage division in addition to its forward business. The CFPB representatives were on site at [...]...

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Published By: Reverse Mortgage Daily - Wednesday, 22 February