While home prices and interest rates often command headlines, there are many other forces at play that are pushing costs up for both mortgage lenders and for homeowners, which can make it harder for families purchasing a home.
The Court of Appeals of Indiana recently upheld a lower court’s decision that a debt buyer who purchased a portfolio of defaulted student loans and placed an account with a collection agency qualifies as a “debt collector” under both Indiana state law and the Fair Debt Collection Practices Act (FDCPA).
The Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Federal Reserve Bank of Minneapolis, and the Small Business Administration are hosting an in-person event on June 25, 2024, in Minneapolis, Minn.
Technology is increasingly intertwined with the core functions of every industry, including the financial industry. Many companies are marketing “artificial intelligence” as a sweeping solution for any problem, often without being able to explain how it works or what data was used to train it.
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took action against Western Benefits Group for charging illegal advance fees for student loan debt relief services and misrepresenting to consumers that advance fees would go toward paying down their loans.
.jpg)
.jpg)