On November 14, the Consumer Financial Protection Bureau (“CFPB”) filed a Petition for a Writ of Certiorari with the Supreme Court for Community Financial Protection Bureau et al. v. Community Financial Services Association of America, Ltd. et al.
Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3-year fixed-rate loans and lower for 5-year loans compared to the previous seven days.
The Fed gave SoFi two years from its acquisition of a California bank to divest from a digital-assets business, the lawmakers wrote. But months later, SoFi touted an “expansion” of crypto service.
Pointing to a growth in consumer complaints related to crypto-assets, on November 10th, 2022, the Consumer Financial Protection Bureau (the “CFPB”) released a Complaint Bulletin, which analyzed in excess of 8,300 consumer complaints that the CFPB had received related to crypto-assets.
Some important mortgage rates tailed off over the last week, though rates are generally expected to rise this year. If you're shopping for a mortgage, see how your future mortgage payments could be affected by interest rate hikes.
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