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FDIC board to get quarterly briefings on lingering merger applications
Banking Dive via Yahoo Finance· 5 days agoThe resolution, applying to deals at least 270 days old, is meant to speed processing, or, as the...
CFPB proposes $3.95M fine against Freedom Mortgage over repeated data errors
Compliance Week· 5 days agoAdditionally the company violated the Home Mortgage Disclosure Act (HMDA) and a 2019 order, the...
Companies Using AI for Home Appraisals Hit With Final Rule
Bloomberg Law· 9 hours agoA rule from the Consumer Financial Protection Bureau and five other regulators aimed at reducing bias would require those companies to adopt procedures “designed to ensure a high level of confidence ...
CFPB proposes $3.95M fine for Freedom Mortgage over false data accusations - HousingWire
HousingWire· 6 days ago“Freedom Mortgage is a repeat offender that has ignored requirements to submit accurate data that...
CFPB takes enforcement action against former HECM servicing contractor
HousingWire via Yahoo Finance· 7 days ago“By requiring NOVAD to pay at least $1 in penalties, the CFPB can make consumers eligible for...
Medical debt could vanish from credit reports. What to do now
Detroit News· 2 days agoThe rule would also forbid lenders from basing their lending decisions on medical information....
Medical debt may come off credit reports soon, helping Americans qualify for more financial products
FOX Business· 5 days agoMedical bills may soon be removed from many credit reports. The Consumer Financial Protection Bureau...
The White House wants to remove medical debt from credit scores. Here’s why that’s a big deal
The Columbian· 3 days agoThe proposed rule change, announced Tuesday, would also increase privacy protections, help raise...
Why Some Student Loan Borrowers Won’t Have to Pay in July
The State· 7 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 ...
Renting Airbnb or VRBO? Don't let short-term rental scams ruin your summer vacation plans
The Commercial Appeal via Yahoo News· 6 days ago“Regardless of whether a shopper swipes a credit card or uses Buy Now, Pay Later, they are entitled...