mortgages

A mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.

(source: en.wikipedia.org)

CFPB Debuts Consumer Credit Card Risk Management Tool
CFPB Debuts Consumer Credit Card Risk Management Tool
December 16, 2016  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced Thursday (Dec. 15) the launch of Consumer Credit Trends, a web-based tool to help consumers monitor developments in...

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Wells Fargo’s Latest Legal Settlement
Wells Fargo’s Latest Legal Settlement
November 01, 2016  |  Banking

Embattled bank Wells Fargo has entered a settlement through which the firm will pay as much as $50 million tied to a racketeering lawsuit that...

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CFPB, Fed And OCC Mull Small Loan Appraisals
CFPB, Fed And OCC Mull Small Loan Appraisals
July 25, 2016  |  Regulation

A consortium of regulatory agencies has issued a proposal that would help make annual adjustments to inflation that would be used to scrutinize small loans from mortgage...

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CFPB And The Lonely Battle Against Debt Collection Fraud … And Congress
CFPB And The Lonely Battle Against Debt Collection Fraud … And Congress
April 08, 2016  |  CFPB

In a hearing up on Capitol Hill, CFPB Director Richard Cordray detailed his agency’s record on the continuing fight against financial fraud, and some Republicans...

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Customer Reporting Mishaps Cost Banks Billions
Customer Reporting Mishaps Cost Banks Billions
March 29, 2016  |  Security & Fraud

The biggest investment banks in the world have faced $43 billion in fines over the past several years, and research has shown that among the...

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