'For those of us that have painstakingly spent time and money to do things right, it's refreshing to know that' the CFPB is 'policing the industry,' says David Zugheri, an executive vice president and co-founder at Envoy Mortgage, a Houston mortgage lender.

What CFPB Crackdown on Utah Lender Means for Loan Officer Compensation

The Consumer Financial Protection Bureau's crackdown on Castle & Cooke Mortgage is the first in what could be a string of enforcement actions against mortgage originators for failing to follow new loan officer compensation rules.

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