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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 ...
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
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...
CFPB Issues RFI on Mortgage Closing Costs | JD Supra
JD Supra· 5 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 could vanish from credit reports. What to do now
Detroit News· 10 hours agoThe rule would also forbid lenders from basing their lending decisions on medical information....
The White House wants to remove medical debt from credit scores. Here's why that's a big deal
The Wenatchee World· 4 days agoThe proposed rule change, announced Tuesday, would also increase privacy protections, help raise...
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 ...
... Fees, Applauds Biden Administration and Consumer Financial Protection Bureau (CFPB) for Tackling...
Sierra Sun Times· 6 days agoLast month, the CFPB launched a public inquiry into junk fees in mortgage closing costs that disproportionately hurt lower-income, first-time, and Black ...
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...