The CFPB wants to know if employees have a real choice when such products show up in the course of their work, and whether such debt prevents them from seeking better-paying employment.

Banks significantly increase residential lending to minority borrowers after enforcement decisions and orders, according to a new study by economists at the Federal Reserve.

Researchers looking at application denial rates and interest rates found that racial disparities exist for both Black and Hispanic borrowers even when controlling for various credit factors.

The defendant, a Baltimore-based bank, argued that the plaintiffs had no standing because they couldn’t prove the kickback scheme was tied to increased settlement costs.

Guidance on convenience fees; servicemember debt collection issues; military allotment misuse; BNPL furnishing; CFPB issues RFI on large banks’ customer service practices.

The ABA said that although a review of existing banking guidelines are vital, there are already rules for evaluating mergers...

A New York district court has found that RPM/LendUS used stalling tactics to get out of a merger deal with Entitle Direct Group, a title insurance company.

One economist is blaming the increasing tendency among older homeowners to stay in their homes for longer as one of the key reasons for the housing inventory crunch.

The social equity program offers downpayment assistance to residents and descendants of those who lived in Denver between 1938 and 2000.

For now, the market is well served by two to four master servicers. But if any of them exit the market, servicing costs and transaction fees could increase.