CFPB Proposal Would Create Yelp-like System for Financial Services

July 31, 2014

The Consumer Financial Protection Bureau has proposed a new policy that would allow consumers to publicly voice their complaints about consumer financial products and services. Companies will be given the opportunity to post a response that would appear next to the consumer’s complaint. The proposal would essentially create a federally system similar to Yelp, which is an online guide and business review site.

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SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.