CFPB Creates Registry to Detect Corporate Repeat Offenders
Consumer Finance
JUNE 2, 2024
The CFPB finalized a rule to establish a registry to detect and deter corporate offenders that have broken consumer financial protection laws.
Sun.Jun 02, 2024
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A brief drop in mortgage rates caused a huge surge in demand, but it may be short-lived
Collection Industry News
JUNE 2, 2024
Mortgage rates dropped for much of last week, causing total mortgage application volume to surge nearly 16% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. But rates jumped back up again after a stronger-than-expected monthly employment report Friday. For the week, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 7.02% from 7.07%, with points unchanged at 0
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Prepared Remarks of CFPB Director Rohit Chopra on the Final Rule to Detect and Deter Repeat Offenders
Consumer Finance
JUNE 2, 2024
CFPB Director Rohit Chopra delivered remarks on the CFPB’s nonbank registration rule.
CFPB Crea Registro para Detectar Infractores Corporativos Reincidentes
Consumer Finance
JUNE 2, 2024
La CFPB finaliza una normativa para establecer un registro para detectar y detener a infractores corporativos que ya hayan violado leyes de protección financiera del consumidor.
How To Break Digital Transformation Barriers And Accelerate AI Adoption
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
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