Posted By: OldSchoolBanker
CFPB Exeam - What can we expect? - 03/05/15 12:24 PM
We are scheduled for a CFPB exam later in 2015. HAs anyone experienced first hand, an exam from the CFPB? If so, can you share general info as to what level of detail we can expect them to dig relative to mortgage banking? I understand you cannot discuss any specific details of your exam.
Do they review loan files for ATR/QM, RESPA, TILA etc?
Thanks
Do they review loan files for ATR/QM, RESPA, TILA etc?
Thanks