Opponents say the title JV business model currently under scrutiny from regulators harms consumers. Supporters argue it creates a better overall experience for the buyer. Our look inside the next frontier of industry regulation.
People in the industry use the terms interchangeably, but Washington State is warning brokers that they are not the same and other regulators could follow.
CFPB's intended use of its UDAAP authority to investigate, and regulate and enforce against illegal "discrimination" in financial products and services breaks open the proverbial damn,.
United Wholesale Mortgage’s litigation could prompt regulators, including the Federal Trade Commission, to examine the contract that bars third-party originators from doing business with Rocket and Fairway.