The Consumer Financial Protection Bureau, or CFPB, is targeting a small Chicago-area mortgage lender, alleging it violated, among other things, the Equal Credit Opportunity Act. The lender vehemently denies the charges and is unwilling to roll over. In this episode, the defendant's attorney Marx Sterbcow joins us to share why a settlement or CFPB win would negatively impact the entire real estate profession. It's a fight for the integrity of the industry to prevent actions nationwide that could dramatically change the way we do business.
The Consumer Financial Protection Bureau, or CFPB, is targeting a small Chicago-area mortgage lender, alleging it violated, among other things, the Equal Credit Opportunity Act. The lender vehemently denies the charges and is unwilling to roll over. In this episode, the defendant's attorney Marx Sterbcow joins us to share why a settlement or CFPB win would negatively impact the entire real estate profession. It's a fight for the integrity of the industry to prevent actions nationwide that could dramatically change the way we do business.