Fidelity Mortgage and its former owner fined for paying banks for real estate referrals.
Fifteen-member CU advisory group meets quarterly to discuss CFPB regulatory issues.
CFPB Director reassures Realtors credit unions can still make mortgage loans that don't conform to the bureau's qualified mortgage rule, which took effect Jan. 10.
Participants can submit questions to the CFPB director and NCUA board chairman on any credit union or CFPB topic.
Regulator also encouraged NAR members to spread awareness of CFPB's online complaint database.
Agreement with CFPB also calls for company to provide $2 billion in principal reduction to underwater borrowers.
Bureau alleges deceptive practices, collecting funds not owed, excessive interest charged on part of CashCall Inc.
Qualified mortgage rules ready to roll while efforts to stall continue.
A group of 26 U.S. senators wrote a letter to CFPB Director Richard Cordray urging him to delay new mortgage rules set to take effect in January 2014.
Regulator targets health-care lending subsidiary for accrued interest practices.