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Mortgage closing fees are in the hot seat. Here's why feds are looking into them.
CBS News via Yahoo Finance· 6 days agoHome appraisal fees: Also known as property appraisal fees, these are fees lenders charge homebuyers...
JD Supra: First Minnesota Court Decisions on Overdraft Fees Are Wins for Banks
JD Supra· 6 days agoIn December 2021, the Consumer Financial Protection Bureau (CFPB) released research critiquing banks for charging overdraft and related fees to consumers, and the CFPB director, Rohit Chopra ...
Federal agency reveals how much credit unions collect in overdraft fees
KPBS San Diego· 11 hours agoA report released last week by the federal agency gathered data from 443 credit unions, including...
Kiwibank Sued Over $7 Million In Overcharged Fees
LawFuel· 3 hours agoThe Commerce Commission has filed criminal charges against Limited (Kiwibank), alleging systemic breaches of the Fair Trading Act. The breaches relate to issues that resulted ...
What Do You Need To Open a Bank Account?
GoBankingRates via AOL· 5 days agoKeep in mind that some banks charge monthly fees for their account services. You can typically avoid the fees by meeting certain requirements, like...
Financial Services Roundup: Market Talk
The Wall Street Journal· 9 hours ago“On a multi-year view we see an opportunity for the new CFO to overhaul the group’s reporting as a result of the charge changes announced in late FY23,...
Savings interest rates today: Launch your savings with today's highest APYs of up to 5.50% — June...
AOL· 18 hours agoHere's how FDIC national deposit rates on a $10,000 minimum deposit compare between May... 2023 and...
Customers Bank Said to Debank Some Digital Asset Hedge Funds
CoinDesk via Yahoo Finance· 7 days agoA spokesperson for Customers Bank declined to comment on the policy, saying only that thebank was...
Can a family member charge a fee for serving as trustee?
Berkshire Eagle· 6 days agoAll trustees, whether or not they are family members, may charge a reasonable fee for their services. Most professional trustees, whether banks or trust ...
Nightmare at Wells Fargo: customer battles fraudulent charges for months until NY Times shames the ...
Boing Boing· 2 days agoA customer named Nate returned from a wedding in Mexico to find a whopping $1,500 fraudulent charge on his credit card, as reported by Seth Kugel in The New York Times. "The ...
