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CFPB Proposes Fine Against Freedom Mortgage
RISMedia Real Estate News· 2 days agoThe Consumer Financial Protection Bureau (CFPB) has issued a proposed $3.95 million fine against Florida-based mortgage lender Freedom Mortgage. The
CFPB takes action against repeat offender Freedom Mortgage Corporation
Retail Banker International via Yahoo Finance· 5 days agoCFPB has the authority to take action against non-bank financial institutions. This includes...
CFPB Orders Freedom Mortgage To Pay $3.95M Over Housing Data Errors
National Mortgage Professional· 5 days agoFreedom Mortgage Corporation may find itself on the CFPB’s naughty list for repeatedly submitting error-riddled mortgage loan data to ...
Wall Street Journal: The cost of forgiving medical debt
Greensboro News & Record· 3 days agoThe Biden administration is canceling student loans and easing mortgage payment terms. Now the...
CFPB Issues RFI on Mortgage Closing Costs | JD Supra
JD Supra· 4 days agoCFPB plans to address those costs. In the RFI, the CFPB states that closing costs, particularly the costs the lender imposes on the borrower, have risen ...
Medical debt may come off credit reports soon, helping Americans qualify for more financial products
FOX Business· 3 days agoMedical bills may soon be removed from many credit reports. The Consumer Financial Protection Bureau...
What are mortgage points, and how do they work?
CNN.com· 5 days agoMortgage points lower your loan’s interest rate when buying or refinancing a home. If you’ve been exploring mortgage rates recently, you may have noticed...
JD Supra: SCOTUS Upholds CFPB Funding Mechanism
JD Supra· 4 days agoIn a landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is constitutionally sound, as it does ...
Chopra Delivers Testimony to Congress on Semi-Annual Report | JD Supra
JD Supra· 6 days agoOn June 12, 2024, CFPB Director Chopra appeared before the Senate Banking Committee for a hearing, “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress ...
Troutman Pepper Weekly Consumer Financial Services Newsletter - June 2024 # 3 | JD Supra
JD Supra· 4 days agoThe rule, by its plain terms, applies to a number of mainstream financial products and products marketed to high-net worth individuals, none of which the CFPB< ...