CFPB continues crackdown on mortgage kickbacks
A New Jersey title services company is the latest to feel the effects of a crackdown on mortgage kickbacks by the Consumer Financial Protection Bureau.
A New Jersey title services company is the latest to feel the effects of a crackdown on mortgage kickbacks by the Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau has fined real estate firm RealtySouth $500,000 for inadequate mortgage disclosures resulting in illegal kickbacks.
Community banks have a potential advantage over larger competitors under the Consumer Financial Protection Bureau’s ability-to-repay and Qualified Mortgage Rule, Melissa Blundell informed bankers at the Bank Holding Company Association’s Spring Seminar.
Credit scoring models may over-estimate the impact of consumers’ medical debt, according to a study from the Consumer Financial Protection Bureau.
Approximately 30 percent of the 41 million Americans older than 65 years old have mortgages, according to a recent report from the Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau is proposing a rule that would change the way banks distribute privacy disclosures.
Student loan co-signer issues are the focus of the latest midyear report from the Consumer Financial Protection Bureau’s Student Loan Ombudsman Rohit Chopra.
According to a report in the Wall Street Journal, Bank of America is near a deal with the Consumer Financial Protection Bureau to settle allegations that the lender pressured consumers into dubious credit card add-on products.
Representative Sean Duffy (R-Wis.) called on President Barack Obama to forward a plan to resolve the race and gender discrimination issues at the Consumer Financial Protection Bureau.
Three recent Freedom of Information Act (FOIA) requests have revealed highly questionable expenditures by the Consumer Financial Protection Bureau.