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CFPB Combats Junk Fees in Mortgage Servicing

CFPB Combats Junk Fees in Mortgage Servicing

The regulator found servicers charging illegal junk fees and violating loss mitigation rules
Inflation Continues to Grow Impacting All Parts of the Economy

Inflation Continues to Grow Impacting All Parts of the Economy

The report could have been worse as some feared even higher inflation reports
Wall Street Looks at Big Bank Earnings, but Regional Banks Tell the Story

Wall Street Looks at Big Bank Earnings, but Regional Banks Tell the Story

Analysts believe that some of the smaller U.S. banks have too much exposure to commercial real estate
Three-quarters of Consumers Optimistic About Housing Market

Three-quarters of Consumers Optimistic About Housing Market

Interest rates remain top concern for first-time homebuyers
FHA Introduces Payment Supplement

FHA Introduces Payment Supplement

The new loss mitigation home retention option will help those falling behind on mortgage payments
Credit Card Debt Numbers Rising According to Bankrate

Credit Card Debt Numbers Rising According to Bankrate

Almost 50% of all credit card holders are carrying credit card debt
Interest Rates Start 2024 at Seven-Month Low for U.S. Home Loans

Interest Rates Start 2024 at Seven-Month Low for U.S. Home Loans

Interest rates on 30-year fixed rates approaching 6.5%
Projections for Lower Interest Rates Will Impact Banking Decisions in 2024

Projections for Lower Interest Rates Will Impact Banking Decisions in 2024

Analysts believe that inflation may fall even quicker than expected
CFPB Approves First Step for Mortgage Disclosures Project

CFPB Approves First Step for Mortgage Disclosures Project

The program allows CFPB to authorize parameters for in-market testing of alternatives to required disclosures
Mortgage Applications Increase along with Credit Card Debt

Mortgage Applications Increase along with Credit Card Debt

While housing demand increased, it was still more than 20% below this time in 2022
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