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CFPB proposes mortgage servicing rule

The Consumer Financial Protection Bureau issued a proposed rule to amend mortgage servicing rules under Regulation X.

Jul 11, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

CFPB says it will consider eliminating credit card late fee safe harbor

The Consumer Financial Protection Bureau said it plans to assess whether to eliminate the credit card late fee safe harbor under Regulation Z.

Jul 10, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance Credit Cards

Fed researchers: Banks that share name with failed institutions experience loss of business

Federal Reserve researchers said banks that share their name with a failed bank experience a half-percent drop in transaction deposits relative to banks with similar characteristics but different...

Jul 15, 2024
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Article

FHFA releases VantageScore 4.0 credit scores

The Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac are making historical VantageScore 4.0 credit scores available to approved users to support the transition to updated...

Jul 12, 2024
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Article
Secondary Mortgage Market Secondary Mortgage Market Federal Housing Finance Agency