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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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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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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Benchmarking ROI with Forrester: Measuring the Success of Finance Transformation

Finance Transformation Myths Busted Over 75% of organizations struggle to define the right success metrics to benchmark the impact of their finance transformation investment. Whether you are just initiating your digital transformation journey or planning to pitch your next AI project to leadership, without the right metrics and a rigorous tracking process - all your efforts might go to waste!