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Consumer Watchdog Taking Aim At Fees That Can Increase Mortgage Closing Costs
Forbes· 6 days agoFederal regulators want to know how excessive fees and junk fees are pushing up mortgage closing...
Three Reasons Why US Financial Markets Are Cruising Through a Long Fed Hold
Bloomberg via Yahoo Finance· 14 hours agoUkraineMacron and Scholz Get Trounced by Far Right in EU ElectionsPutin Is Running Out of Time to...
US financial watchdog announces registry of nonbank corporate offenders By Reuters
Investing.com· 6 days agoNew regulations require debt collectors, mortgage and payday lenders, credit reporting companies and...
Banks Tap Complex Mortgage Product to Fight Deposit Flight Risk
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Banks are ramping up investments in a complex part of the mortgage bond market that...
FSOC Issues Report on Nonbank Mortgage Servicing Highlighting Strengths, Vulnerabilities and...
JD Supra· 3 days agoIn May 2024, the Financial Stability Oversight Council (FSOC or Council) issued a Report on Nonbank Mortgage Servicing (the Report). The Report recognizes the strengths of ...
After raising $100M, AI fintech LoanSnap is being sued, fined, evicted
TechCrunch· 6 days agoAI mortgage startup LoanSnap is facing an avalanche of lawsuits from creditors and has been evicted...
Opinion: Canada’s bank regulator should hit pause on Basel
Financial Post via Yahoo Finance· 5 days agoThis last chapter will limit banks’ ability to use their own risk management models to compute their...
Feds go after companies that put 'gotchas' in their fine print
Consumer Affairs· 3 days agoJust ask the Consumer Financial Protection Bureau (CFPB). The agency has issued a circular...
Guaranteed Rate wants to build a bridge between reverse and forward mortgage channels - HousingWire
HousingWire· 3 days agoDuring a session at The Gathering by HousingWire, Pohlmann mentioned an initiative that the company...
CFPB Unveils Lender Naughty List For Repeat Offenders
National Mortgage Professional· 4 days agoThe Consumer Financial Protection Bureau (CFPB) is cracking down on corporate repeat offenders after...