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The Consumer Financial Protection Bureau's nonbank registry to address repeat corporate offenders goes live this week, but some experts have raised concerns about redundancy and costs for nonbanks.
October 16 -
Rohit Chopra, the director of the Consumer Financial Protection Bureau, said his tenure at the agency could be characterized as simply reading statutes rather than finding novel ways to enforce regulations.
October 16 -
Backflip, a fix-and-flip and residential transition loan originator, added $184 million in new capital from equity and debt transactions, its second raise of the year.
October 16 -
Updates to the Telephone Consumer Protection Act aimed at simplifying customers' ability to opt out of robocalls and robotexts will take effect on April 11, 2025.
October 16 -
Rising rates have apparently erased the optimism stemming from last month's Federal Reserve interest rate cut.
October 16 -
The Consumer Financial Protection Bureau and Department of Justice issued a consent order against Wisconsin-based nonbank mortgage originator Fairway Independent Mortgage over redlining allegations. Fairway is the country's fifth-largest mortgage originator by volume.
October 15 -
Ginnie Mae is more concerned about a small economic downturn than a large one and is working with other public entities to prepare and survive should it come to pass.
October 15 -
The settlement pending a judge's approval would end the lawsuit over a hack last December.
October 15 -
Reversing a year-ago trend, the U.S. economy and plateauing interest rates led to credit tightening in September, the Mortgage Bankers Association said.
October 15 -
Hispanic-owned houses are worth 11.9% less than those owned by non-Hispanic White households, compared with 12.4% in December 2021, a recent high in the gap, Zillow said in a blog post
October 15 -
Treasuries rallied the most in two weeks as tumbling oil prices eased concerns about an uptick in inflation.
October 15 -
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The Fed's cut has implications for mortgage companies' costs and the lineup of providers keeps fluctuating.
October 14 -
The megabank's scale hasn't made it immune from the deposit wars that have crimped bank profits. But the "stabilization" that Wells Fargo flagged is a positive sign as other banks start reporting earnings.
October 11 -
The megabank reported a big increase in credit costs for the third quarter, which included a reserve build of $1 billion.
October 11 -
As this year's natural disasters bring heightened attention to the cost and availability of homeowners insurance, servicers often find themselves caught in the middle when customers see premium hikes.
October 11 -
While people are talking about supply, the former National Association of Realtors exec adds more attention must also be given to home insurance affordability.
October 11 -
PBB earlier this year became one of the most prominent examples of European banks hit hard by fears that troubles in U.S. property markets are spreading.
October 10 -
Likely homeowners have two focuses when deciding on the gadgets they factor into property purchase decisions, according to the National Association of Home Builders.
October 10 -
The Fed's short-term rate cut hasn't lowered 30-year mortgage rates, which have been flat, but some buyers had reasons to act sooner rather than later.
October 10


















