On February 11, it was reported that, despite the temporary halt in the CFPB’s operations, the Bureau’s tables for the Average Prime Offer Rate ...

(Bloomberg Opinion) -- Housing market softness in the back half of 2018 has investors and the public wondering how bad things might get. It’s understandable that people would be worried,..

The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions ...

from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to being originated for non-consumer loan purposes. OCMBC, Inc., dba LoanStream Mortgage (LoanStream; 41.2%), Angel Oak Mortgage ...

The deal includes a meaningful concentration of collateral that KBRA considers to be "non-prime" (92.5%), where most loans are either classified as non-qualified mortgages (Non-QM) (51.5%) or exempt ...

Yesterday, the Consumer Financial Protection Bureau (CFPB) issued a statement pertaining to an enforcement action against global Fintech Wise. The action arrived with a $2.5 million penalty for ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins Some states have laws and ethical rules regarding solicitation and ...

The Consumer Financial Protection Bureau (CFPB) breaks financial health down into four elements: When conducting a thorough financial check-up, you can: For many people, an annual financial check ...

A risky mortgage is really a loan product that doesn't correspond to the borrower's ability to repay it ... rates As you can see in the second chart, the 40-year mortgage is 0.6% higher in ...

Trump admin is poised to remove CFPB Director Rohit Chopra Move could come soon amid a bid to overhaul the agency The Trump administration is poised to oust Biden-era appointee Rohit Chopra as ...