CFPB Targets LO Comp, Captive Insurance, and Reverse Mortgages; Upcoming Events

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Posted To: Pipeline Press

Huh? National Donut Day? Most donut shops have a few employees, but in 2013 our Census Bureau tells us there were 23 million businesses without paid employees , an increase of 4.4 million since 2003. Non-employer businesses included family-run businesses to home-based commentary writers. Florida had the largest increase in non-employer businesses, especially in the real estate and rental sectors. Nevada outpaced all states in the percentage increase in non-employer establishments, gaining 4.2 percent, with accommodation and food services leading all sectors. Los Angeles County added more non-employer businesses than any other county and Miami, Florida experienced the largest gain in the number of businesses than any other city. No one wants to hear, "Uh, Mr. Johnson, there's a Richard Cordray...(read more)

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Source: http://www.mortgagenewsdaily.com/channels/pipelinepress/06052015-cfpb-and-rpm.aspx

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