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CFPB Proposal Would Allow Consumers to Publicize Complaints About Financial Products

July 16 - The Consumer Financial Protection Bureau is proposing a new policy that would enable consumers to publicly voice their complaints about consumer financial products and services. When...


A Record $7 Billion Fine Assessed to Citigroup

July 15 -Justice Department, along with federal and state partners,  announced a $7 billion settlement with Citigroup Inc. to resolve federal and state civil claims related to Citigroupís...


CFPB Penalizes Payday Lender for Tactics Used to Collect Debt

July 10 - The Consumer Financial Protection Bureau has taken enforcement action against ACE Cash Express, one of the largest payday lenders in the United States, for pushing payday borrowers into a...


Mortgage Rates Holding Steady

July 3 - Freddie Mac released the results of its Primary Mortgage Market Survey, showing average fixed mortgage unchanged or easing slightly lower. Fixed mortgage rates remain lower this week...


Pending Home Sales Surged in May

July 2 - Pending home sales rose sharply in May, with lower mortgage rates and increased inventory accelerating the market, according to the National Association of Realtors. All four regions of the...


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