The U.S. Small Business Association is coming under fire from its own inspector general for not collecting on smaller Paycheck Protection Program loans that were in default due to the costs involved.
Even after being cautioned about issues, some mortgage servicers continued to provide borrowers with misleading or limited information about forbearance options on their websites.
A report from the Office of the Inspector General (OIG) released last week found the CFPB gave access to data to more than 100 employees when it was no longer relevant to that employees’ jobs.
