Source: en.wikipedia.org
Brazilian online lender Inter&Co is expanding its efforts in the United States, with a focus on replicating its success in Brazil’s online banking sector. With a...
The Consumer Financial Protection Bureau (CFPB) is warning businesses against hiding “unlawful or unenforceable terms” in contracts’ fine print. “Companies use this fine print tactic...
New York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase. The sale of these “mortgage warehouse loans” is designed to strengthen the...
The Financial Stability Oversight Committee (FSOC) is encouraging state and federal regulators and Congress to do more to enhance the resilience of nonbank mortgage companies (NMCs). The...
Banks are seeing a slide in demand for loans — at the same time that they’re tightening lending standards. And the pressures, as noted in...
The more complex a pricing structure, the more likely consumers are to pay more for products like credit cards, bank accounts, mortgages and auto loans....
America’s consumer finance watchdog is targeting “junk fees” in the mortgage industry. The Consumer Financial Protection Bureau (CFPB) published findings Wednesday (April 24) showing that mortgage servicers — the...
FinTech mortgage lender Beeline will launch a Spanish-language version of its home loan experience on May 1. Like Beeline’s existing offering, the new experience, which is dubbed Colmena...
Consumer credit bureau Equifax said artificial intelligence (AI) is playing an increasing role in its operations. In announcing the company’s quarterly earnings Thursday (April 18), management noted that...