Compliance Blog

Aug 10, 2011
Categories: Home-Secured Lending

SAFE Act - Consumer Access; CFPB Advisor Named

Written by Steve Van Beek

The SAFE Act included a requirement for consumers and members to be able to view mortgage loan originator information in a publicly available database.  That "Consumer Access" database is now up and running and can be found here.  This is a good way to see what your members might see.  

There is additional information on the Consumer Access from the Federal Registry here.   

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Bart Shapiro has been announced as Senior Advisor for the CFPB Office of Community Banks and Credit Unions.  This office is headed by Elizabeth Vale.  Shapiro comes to the CFPB from the Department of Housing and Urban Development (HUD).  More information on Shapiro is available in the NAFCU Today.