Under former Director Richard Cordray, the CFPB sought to alter regulatory interpretation, particularly about RESPA, through enforcement. This article describes that practice and the problems it creates.
Following the "subprime meltdown" repurchases and indemnification claims were rampant and cost many originators millions to resolve . This article highlights how other reasons for repurchase may arise in the future (from a 2013 perspective).
Disclosures are a poor substitute for sound professional advice. This article highlights how disclosure based financial regulation fails to properly protect and individualize consumer advice needed to make sound financial decisions.