Author: PROGRESS In Lending

Execs On The MoveIn The News

BSI Financial Services SVP Allen Price Joins IMN Home Equity Investment Advisory Board

BSI Financial Services, a national mortgage fintech platform, announced that Allen Price has been selected to join the IMN Home Equity Investment Advisory Board. Price, who serves as senior vice president of sales, client and transaction management at BSI Financial Services, is the first mortgage servicing executive appointed to the Board.

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ComplianceIn The News

CFPB Files Lawsuit To Stop Illegal Kickback Scheme To Steer Borrowers To Rocket Mortgage

The Consumer Financial Protection Bureau (CFPB) sued Rocket Homes  to stop them from providing incentives to real estate brokers and agents in exchange for steering homebuyers to Rocket Mortgage, LLC for loans. The CFPB also sued Jason Mitchell, his real estate brokerage firm, JMG Holding Partners LLC, which does business as The Jason Mitchell Group, and the individual real estate brokerage companies in the 41 states and the District of Columbia where it does business (The Mitchell Group), for their role in the unlawful scheme.

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