mortgage lending

CFPB Targeting ‘Lack of Competition’ in Credit Reporting, Credit Scores
CFPB Targeting ‘Lack of Competition’ in Credit Reporting, Credit Scores
May 20, 2024  |  Consumer Finance

The Consumer Financial Protection Bureau (CFPB) is looking to improve “competition, choice and affordability” in credit reporting costs and other mortgage closing costs. In prepared remarks for a speech at a Mortgage...

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Silvergate and Signature Banks Tap FHLB Funds for Crypto Lending
Silvergate and Signature Banks Tap FHLB Funds for Crypto Lending
January 22, 2023  |  Cryptocurrency

Two cryptocurrency-sector banks have turned to the federal mortgage system to ease customer withdrawals. Silvergate Capital and Signature Bank have borrowed billions from Federal Home...

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Salesforce On Digitizing The Mortgage Process — With An Eye On Millennials
Salesforce On Digitizing The Mortgage Process — With An Eye On Millennials
November 08, 2019  |  B2B Payments

According to Geoff Green, global head of mortgage and lending at Salesforce, the experience of applying for a mortgage is ripe for change. The process...

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Chase Active Mobile Users Hit 33.3M
Chase Active Mobile Users Hit 33.3M
January 15, 2019  |  Earnings

In what is becoming what seems to be a familiar theme as banks report earnings, trading revenues plummeted at the end of last year, but...

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CFPB Officials Recommend Dismissal Of PHH Case
CFPB Officials Recommend Dismissal Of PHH Case
June 06, 2018  |  Consumer Finance

After PHH Corp.’s appeal of a $109 million penalty caused a legal battle over the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) structure, agency...

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House Introduces Bill To Increase CFPB Guidance Transparency
House Introduces Bill To Increase CFPB Guidance Transparency
April 24, 2018  |  CFPB

Seeking to inject more transparency into the Consumer Financial Protection Bureau (CFPB), Rep. Sean Duffy, R-Wis., has introduced legislation designed to do just that. American Banker...

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Wells Fargo Predatory Lending Lawsuit Allowed to Proceed
Wells Fargo Predatory Lending Lawsuit Allowed to Proceed
March 28, 2018  |  Legal

A federal judge has ruled that a lawsuit against Wells Fargo & Co. can proceed. The lawsuit accuses the third-largest U.S. bank of predatory mortgage...

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Wells Fargo’s Bid To Dismiss Predatory Lending Suit Rejected
Wells Fargo’s Bid To Dismiss Predatory Lending Suit Rejected
January 17, 2018  |  Legal

Wells Fargo’s effort to toss out a lawsuit lodged by the city of Philadelphia failed, with the judge paving the way for the city to...

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Wells Fargo Fines Will Stand And May Grow, Says Trump
Wells Fargo Fines Will Stand And May Grow, Says Trump
December 08, 2017  |  Bank Regulation

In the latest bit of bank regulation news surrounding beleaguered Wells Fargo, the tweets come from the top — from the top of the governmental...

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