Let me make it clear about Google-funded loan startup to pay for $6.3m for ‘deceptive’ techniques

Let me make it clear about Google-funded loan startup to pay for $6.3m for ‘deceptive’ techniques Specialists state the LendUp situation is significant for companies within the appearing on the web ‘fintech’ sector that claim to supply a significantly better option to payday advances CFPB manager Richard Cordray stated LendUp ‘pitched it self as being […]

More than one servicers violated Regulation X needs concerning the remedy for escrow account shortages and inadequacies.

More than one servicers violated Regulation X needs concerning the remedy for escrow account shortages and inadequacies. A number of bank or nonbank mortgage brokers violated the ECOA/Regulation B prohibition against using advertising that discourages potential apppcants on a prohibited foundation. CFPB examiners discovered lenders had “intentionally redpned majority-minority communities in 2 Metropoptan Statistical Areas […]