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FDIC board to get quarterly briefings on lingering merger applications
Banking Dive via Yahoo Finance· 3 days agoThe resolution, applying to deals at least 270 days old, is meant to speed processing, or, as the...
CFPB proposes $3.95M fine for Freedom Mortgage over false data accusations - HousingWire
HousingWire· 5 days ago“Freedom Mortgage is a repeat offender that has ignored requirements to submit accurate data that...
Renting Airbnb or VRBO? Don't let short-term rental scams ruin your summer vacation plans
Gannett via AOL· 5 days ago“Regardless of whether a shopper swipes a credit card or uses Buy Now, Pay Later, they are entitled...
Why Some Student Loan Borrowers Won’t Have to Pay in July
The State· 5 days agoThe temporary student loan forbearance comes as the Education Department enacts more generous repayment benefits. Many borrowers enrolled in President Joe Biden’s income-driven SAVE plan are ...
The White House wants to remove medical debt from credit scores. Here’s why that’s a big deal
San Jose Mercury News· 3 days agoThe proposed rule change, announced Tuesday, would also increase privacy protections, help raise...
Daily Financial Regulation Update -- Tuesday June 18, 2024 | JD Supra
JD Supra· 4 days agoJune 17, 2024 - The U.S. Department of the Treasury today announced that the United States has provided formal notice to the Russian Federation...
FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and Megamergers
PYMNTS.com· 2 days agoLast year marked a seismic shift in financial services — as five bank failures tested the ways and...
CFPB proposes $3.95M fine against Freedom Mortgage over repeated data errors
Compliance Week· 4 days agoAdditionally the company violated the Home Mortgage Disclosure Act (HMDA) and a 2019 order, the...
CFPB takes action against repeat offender Freedom Mortgage Corporation
Retail Banker International via Yahoo Finance· 5 days ago“Freedom Mortgage is a repeat offender. It has ignored requirements to submit accurate data that...
U.S. Senator Elizabeth Warren Hits Republican Defense of Junk Fees, Applauds Biden Administration...
Sierra Sun Times· 6 days agoSenate Committee on Banking, Housing, and Urban Affairs, U.S. Senator Elizabeth Warren (D-Mass.) questioned Director of the Consumer Financial Protection Bureau (CFPB) Rohit