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CFPB Study Shows Consumers' Credit Scores Overly Penalized for Medical Debt

May 20 - The Consumer Financial Protection Bureau is releasing a study on how the collection of medical debt affects a consumerís credit score.  The CFPB found that consumersí credit scores may...


Incoming FHFA Director Announces New Rules for Fannie, Freddie

May 13 - In remarks delivered at the Brookings Institution Forum on the Future of Fannie Mae and Freddie Mac, FHFA Director Melvin Watts announced a series of new policy decisions. Watts said he...


OCC Reports Improved Financial Results in Central District, but Operational Risks Remain

May 13 - The Office of the Comptroller of the Currency recently reported that the financial condition of community national banks and federal savings associations (collectively, banks) in its...


30-Year Fixed-Rate Mortgage Hits Low for the Year

May 8 - Freddie Mac released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates moving down further and following the decline in Treasury yields as the economic...


Agency Warns of Homeownership Challenges for the Elderly

May 7 - The Consumer Financial Protection Bureau has released a snapshot report spotlighting the mortgage debt challenges faced by a growing number of older Americans. These challenges include more...


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