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Chopra remarks on how less credit reporting competition may lead to higher mortgage costs | JD Supra
JD Supra· 2 days agoOn May 20, CFPB Director, Rohit Chopra, delivered a speech at a trade association event addressing the rising costs in the mortgage lending industry, which ...
CFPB launches inquiry into junk fees in mortgage closing costs
Retail Banker International via Yahoo Finance· 7 hours agoThat is because they have to absorb the higher costs or pass them on to borrowers. “Junk fees and...
CFPB to Examine Mortgage Closing Costs, Rising Junk Fees
PYMNTS.com· 13 hours agoThe Consumer Financial Protection Bureau (CFPB) is investigating junk fees that increase the closing costs on mortgages. Closing costs have risen sharply in recent years, the CFPB said in a ...
CFPB Director Addresses Credit Report Fees Before the Mortgage Bankers Association | JD Supra
JD Supra· 3 days agoAs part of the CFPB’s crusade against junk fees, CFPB Director, Rohit Chopra addressed credit report fees in prepared remarks at the Mortgage Bankers Association ...
VP Kamala Harris Touts Move To Remove Medical Debt From Credit Scores
Blavity via Yahoo News· 9 hours agoAs the Biden-Harris re-election campaign kicks into high gear, the president and vice president are...
How to protect your credit card rewards as CFPB responds to a surge in customer complaints
Yahoo Personal Finance· 7 days agoAmid rising complaints, the CFPB is taking a close look at credit card reward programs. While...
The Consequences of the US Supreme Court’s Decision Upholding the CFPB’s Funding Structure | JD...
JD Supra· 7 days ago... of the US Constitution.1 The Supreme Court’s decision will likely spark an intensification in the CFPB’s enforcement and rulemaking activities, as evidenced by CFPB Director Rohit Chopra’s statement after the decision that the agency will now be “firing on all cylinders” and will “forge ahead...
America’s Credit Unions: BNPL rule doesn’t go far enough - CUInsight
CUInsight.com· 6 days agoThe Consumer Financial Protection Bureau’s rule governing Buy Now, Pay Later purchases does not go...
US Starts Wide Review of Title, Closing Fees for Mortgages
Bloomberg via Yahoo Finance· 15 hours ago(Bloomberg) -- The Consumer Financial Protection Bureau took an initial step toward tightening rules...
CFPB Director Targets Credit Reporting Fees
The National Law Review· 6 days agoThe CFPB is continuing its crusade against so called “junk fees,” and now is looking at crediting reporting fees. In a May 20 speech to the Mortgage Bankers Association, Director Rohit ...