Since it was originally founded in the wake of the 2008 financial crisis, the Consumer Financial Protection Bureau (CFPB) has been a chief figure in the regulatory enforcement of the mortgage industry, including the reverse mortgage business.

But recent reports suggest that the Trump administration will aggressively scale back the bureau’s headcount and seek to offload some of its functions to other agencies. In response, HousingWire’s Reverse Mortgage Daily (RMD) sought input from industry participants and a subject matter expert at a consumer advocacy law firm to determine what the impact might be details ⇒

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