Sun.Jun 02, 2024

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CFPB Creates Registry to Detect Corporate Repeat Offenders

Consumer Finance

The CFPB finalized a rule to establish a registry to detect and deter corporate offenders that have broken consumer financial protection laws.

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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

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

CFPB Director Rohit Chopra delivered remarks on the CFPB’s nonbank registration rule.

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CFPB Crea Registro para Detectar Infractores Corporativos Reincidentes

Consumer Finance

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.

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Solve Your Firms Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.