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What is Regulation Z or the Truth in Lending Act (TILA)?
Bankrate via Yahoo Finance· 8 months agoKey Takeaways Part of the Truth in Lending Act, Regulation Z helps consumers understand the true...
US banks face more fair lending scrutiny under new regulations
Reuters via Yahoo Finance· 8 months agoU.S. regulators will begin grading banks on which communities and geographies they service via...
CFPB takes action against repeat offender Freedom Mortgage Corporation
Retail Banker International via Yahoo Finance· 15 hours agoThe Consumer Financial Protection Bureau (CFPB) has filed a proposed order that would require...
As online banking grew, mortgage lending regulations didn't follow suit. Until now.
USA TODAY via Yahoo Finance· 8 months agoAfter nearly three decades, bank regulators have updated a 1977 law meant to undo the practice of...
US lenders, business groups sue bank regulators over updated fair lending rules
Reuters via Yahoo Finance· 4 months agoWASHINGTON (Reuters) -Some of the largest U.S. banking and business groups on Monday sued three bank...
Wells Fargo, other mortgage lenders under scrutiny for pricing exceptions: CNBC
HousingWire via Yahoo Finance· 6 months agoWells Fargo, once the largest mortgage lender in America, was accused of discrimination through the...
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
NBC Universal via AOL· 6 months agoWells Fargo was snared in an industrywide probe into mortgage bankers’ use of loan discounts last...
Texas federal judge blocks updated fair lending rules
Reuters via Yahoo Finance· 3 months agoA federal judge in Texas on Friday blocked enforcement of new regulations adopted during the Biden...
Predatory lending: What it is and how to avoid it
Bankrate via Yahoo Finance· 7 months agoKey takeaways Predatory lending refers to any unfair practice that benefits the lender and makes it difficult for a borrower to repay debt. The signs of...
New rules for digital lenders in Kenya aim to weed out bad actors while bolstering sector growth
TechCrunch ExtraCrunch· 2 years agoFresh regulations are often met with skepticism from startup founders, but digital lenders in Kenya...