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CFPB’s Targeting of Medical Debt and Card Fees May Have Unintended Consequences
PYMNTS.com· 7 hours agoMost recently, and as reported earlier this month, the CFPB introduced a new rule that would stop...
New rule could wipe medical debt off credit reports
WBTV Charlotte· 11 hours agoFor people bogged down by medical debt, there could be good news on the horizon. The Consumer Financial Protection Bureau (CFPB) just proposed a rule to ...
CFPB Orders Freedom Mortgage To Pay $3.95M Over Housing Data Errors
National Mortgage Professional· 6 days agoFreedom Mortgage Corporation may find itself on the CFPB’s naughty list for repeatedly submitting error-riddled mortgage loan data to ...
CFPB Proposes Fine Against Freedom Mortgage
RISMedia Real Estate News· 3 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· 6 days agoCFPB has the authority to take action against non-bank financial institutions. This includes...
CFPB Issues RFI on Mortgage Closing Costs | JD Supra
JD Supra· 6 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· 4 days agoMedical bills may soon be removed from many credit reports. The Consumer Financial Protection Bureau...
Mind the Fine Print: CFPB Warns Against Use of Unenforceable Terms and Conditions | JD Supra
JD Supra· 14 hours agoThe CFPB concluded that the inclusion of such provisions in consumer-facing terms and agreements can constitute an unlawful act of deception. Specifically, the Circular – ...
What are mortgage points, and how do they work?
CNN.com· 6 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...
Medical debt could vanish from credit reports. What to do now
Detroit News· 1 day agoThe rule would also forbid lenders from basing their lending decisions on medical information....