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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· 4 hours agoThey include discount points, credit report fees, home appraisal fees and title insurance. Discount...
Courts Repeatedly Dismiss Cases Where Plaintiffs Are Unable to Plausibly Allege Viable Claims Under...
The National Law Review· 3 days agoThe entire spectrum of furnishers – from national banks to fintechs, finance companies to servicers,...
From Encryption to Employment, U.S. Federal Agencies Brace for the Effects of Quantum Computing, AI...
JD Supra· 5 days agoIn this week’s edition of Consumer Protection Dispatch, we look at the latest regulatory developments from the U.S. Department of Commerce, Consumer Financial Protection Bureau, and the Securities ...
52 million Americans experienced credit card fraud in the last year: Report
WCNC Charlotte· 17 hours agoCriminals are getting ahold of credit card numbers in various ways, including phishing attempts,...
Lenders Sue Equifax Alleging Antitrust Violations
National Mortgage Professional· 5 days agoEquifax, one of the largest consumer credit reporting agencies among “The Big Three” of itself, Experian, and TransUnion, must contend with antitrust...
Credit repair statistics 2024
Consumer Affairs· 3 days agoThe information found in a consumer’s credit report can have a considerable impact on their housing security, professional prospects and financial trajectory. This makes accurate ...
Inflation is squeezing Gen Z more than other groups. Why are they bearing the brunt of it?
USA TODAY via Yahoo Finance· 5 days ago“Gen Z’s experience with inflation has been different than all other generational cohorts,” says...
US financial watchdog announces registry of nonbank corporate offenders By Reuters
Investing.com· 5 days agoNew regulations require debt collectors, mortgage and payday lenders, credit reporting companies and...
CFPB Takes Legal Action Against PHEAA for Chasing Debt on Discharged Student Loans
The National Law Review· 14 hours agoOn May 31, the CFPB filed suit in federal court in the Middle District of Pennsylvania against a Pennsylvania-based student loan servicer accusing it of illegally pursuing student loan debts ...
Rolls-Royce boss: ‘I want to make myself redundant’
The Telegraph via Yahoo Finance· 3 hours agoThe result has been a doubling of profit margins overall, with Rolls reporting record free cash flow of £1.3bn in 2023. The healthier numbers have sealed...