Source: en.wikipedia.org
New York’s financial watchdog has proposed new measures governing nonbank mortgage lenders. The New York State Department of Financial Services (DFS) says this new regulation would ensure these lenders...
The Consumer Financial Protection Bureau said Monday (Feb. 27) that it has permanently banned a California mortgage broker from the industry, citing years of abuse...
Of the scores of innovations and updates to consumer lending seen and written about over the last decade or so, speed is always offered as...
According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year...
Moody’s said in its latest reading of the “pulse of the consumer” that in viewing the charge-off rate, growth had slowed among the largest U.S....
The U.S. Department of Justice (DOJ) announced that Wells Fargo will pay $2.09 billion in penalties to settle claims related to mortgage loans that the lender...
Debt, as measured globally, is at the highest levels ever seen, at an aggregate of $164 trillion. Is it time to sound the alarms? The...
New data shows that rising home prices are translating into mortgage loan debt not seen since the housing crisis. According to The Wall Street Journal,...
The Federal Reserve reported Monday (Dec. 18) that it would repeal Regulation C, a regulation pertaining to home mortgage disclosures, and is proposing to limit...