Many of the complaints about the big three credit reporting services involve inaccurate information, as well as efforts from credit repair organizations trying to get derogatory information removed from reports.
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Capitol Hill Republicans want CFPB Acting Director Dave Uejio to testify before Congress about the policy actions undertaken during his six-month tenure.
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Mortgage industry participants have a ho-hum reaction to expiration of the GSE patch for QMs. One compliance officer says the industry will do just fine without it.
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The CFPB should allow lenders to adopt approaches using artificial intelligence in ways that expand credit access and limit fair lending risk, the MBA said.
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In a first-of-a-kind study, the CFPB examined commercial credit reporting and its impact on consumer credit. But is the bureau highlighting an area for later enforcement action?
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Patrice Ficklin appointed to interagency mortgage appraisal task force; Maine updates mortgage servicer definition; states take action on RON; GreenSky to refund $9 million in unauthorized loans.
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