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July

21
2023
Industry News

RMAI Exposes YouTube Videos Inciting BBB and Other Complaints

July 20, 2023: RMAI recently acted in response to reports from many RMAI members that they have noticed an unexplained exponential rise in complaints filed with the Better Business Bureau (BBB) against their companies

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July

21
2023
Trends

Mortgage rates drop in response to easing inflation: Freddie Mac

Mortgage rates finally reacted to improving inflation by dropping, reversing several weeks of increases. Still, there was no relief from the low housing supply issue challenging homebuyers, according to Freddie Mac.

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July

21
2023
Industry News

Delaware Could Become the 13th State to Enact a Comprehensive State Privacy Law

On June 30, 2023, the Delaware House of Representatives passed the Delaware Personal Data Privacy Act (H.B. 154) (the “DPDPA”), a day after the Delaware Senate passed the legislation.

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July

21
2023
Trends

Top US Consumer Watchdog Plots More Regulation for AI in Lending

(Bloomberg) -- The top US consumer financial watchdog is sharpening his focus on lenders’ use of artificial intelligence when making credit decisions, signaling that fresh restrictions loom for financial firms.

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July

21
2023
Industry News

House Appropriations Committee Seeks Funding, Leadership Changes at the CFPB

The House Appropriations Committee’s annual financial services funding bill seeks to bring the Consumer Financial Protection Bureau into the congressional appropriations process and implement a bipartisan, five-member commission instead of a single director to lead the agency.

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