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CFPB Director Targets Credit Reporting Fees | JD Supra
JD Supra· 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 ...
Chopra remarks on how less credit reporting competition may lead to higher mortgage costs | JD Supra
JD Supra· 5 days agoOn May 20, CFPB Director, Rohit Chopra, delivered a speech at a trade association event addressing the rising costs in the mortgage lending ...
CFPB sues student loan servicer PHEAA for pursuing borrowers for loans discharged in bankruptcy
Retail Banker International via Yahoo Finance· 2 days agoFurther, it seeks redress to borrowers it has harmed and payment of a civil penalty. “PHEAA has...
A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances...
INSIDER via Yahoo News· 3 days agoAct, the lawsuit said. The CFPB is requesting that the court require PHEAA to provide relief to...
CFPB Director Addresses Credit Report Fees Before the Mortgage Bankers Association | JD Supra
JD Supra· 6 days agoAs part of the CFPB’s crusade against junk fees, CFPB Director, Rohit Chopra addressed credit report fees in prepared ...
Mortgage 'junk fees' can add nearly $6,000 to the cost of buying a home. The Biden administration...
Morningstar· 3 days agoThe Consumer Financial Protection Bureau said Thursday it's launching a public inquiry into "junk fees" that the agency says are increasing mortgage closing costs. "Junk fees and excessive closing ...
CFPB launches inquiry into junk fees in mortgage closing costs
Retail Banker International via Yahoo Finance· 3 days agoThat is because they have to absorb the higher costs or pass them on to borrowers. “Junk fees and...
Student loan debt: New lawsuit filed on behalf of borrowers
Newsweek· 2 days agoOn Friday, the Consumer Financial Protection Bureau (CFPB) filed a new lawsuit against the...
CFPB to Examine Mortgage Closing Costs, Rising Junk Fees
PYMNTS.com· 4 days 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, ...
CFPB To Probe Home Sale Closing Costs
Investopedia· 4 days agoBuyers are faced "dozens" of fees in a typical home closing, leading to added expenses that are hard to get around, the CFPB said. Should the CFPB's...