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Mortgage Lenders Hidden Fees Financial Services Industry

Morgan Lewis

CFPB Expands ‘Junk Fee’ Crackdown to Mortgage Closing Costs

Morgan Lewis on

Following a recent call for consumer input, the Consumer Financial Protection Bureau (CFPB) announced it will launch a formal public inquiry into so-called “junk fees” that the Bureau claims may be increasing mortgage closing...more

McGlinchey Stafford

CFPB’s So-Called “Junk Fees” Revolution Targets Residential Mortgage Loan Closing Costs

McGlinchey Stafford on

On March 8, 2024, the Consumer Financial Protection Bureau (CFPB) announced it was seeking public input on so-called “junk fees” incurred as part of the closing process for residential mortgage loans. The residential...more

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