CHLA urges CFPB to address trigger lead call issue

The Community Home Lenders Association (CHLA) has urged the Consumer Financial Protection Bureau (CFPB) to take action against trigger lead calls in the mortgage industry. The CHLA has echoed the CFPB’s sentiment by referring to these unwanted calls as “junk calls.” This move by the CHLA highlights the industry’s growing concern over the prevalence of trigger lead calls and their potential negative impact on consumers and legitimate businesses.

Key points:
– CHLA is calling on the CFPB to crack down on trigger lead calls in the mortgage industry
– They are referring to these calls as “junk calls,” aligning with the Bureau’s language
– The CHLA’s stance underscores the industry’s increasing alarm over the proliferation of unwanted calls and their harm to consumers and legitimate businesses.

You can read this full article at: https://www.housingwire.com/articles/chla-calls-on-cfpb-to-take-action-against-trigger-lead-calls/(subscription required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.