Dems Seek Answers on CFPB's Equifax Actions

In their letter, the senators cited news reports that Mulvaney has yet to approve the preliminary steps required for a CFPB investigation into how the data breach occurred. The Federal Trade Commission and the Justice Department are conducting their own investigations, but the CFPB has yet to move
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“We really need to defend the VA program,” said Michael Bright, executive vice president and chief operating officer of Ginnie Mae, a government corporation that oversees the process for ensuring the success of the government's mortgage-backed securities guarantee. Ginnie Mae officials issued the
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In honor of a monthly celebration of African-American history and achievement, here's a reminder that there are still deep racial inequities in the housing market – and that many of them fall disproportionately on African-Americans. The charts below are courtesy of ABODO, an online marketplace where
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Monmouth Real Estate is likely to experience slower external growth beyond its $78 million acquisition pipeline, Kucera said in a Friday note. (See the analyst's track record here.) The muted expectations are based on new build-to-suit opportunities as well as expectations that the company's same-store
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The Act would amend the definition of “points and fees” for purposes of the requirements to exclude charges for title examinations, title insurance or similar purposes regardless of whether the title company is affiliated with the creditor. Currently for such charges to be excluded from points and fees the
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Mortgage interest rates were are moving up, though not to the point where they are expected to dampen the demand for home ownership or curtail the strength of the U.S. housing market. The rate on a 30-year fixed mortgage climbed to 4.5% at the end of January, close to a four-year high, according to
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VINTON — Employees at Benton County Title Company had one shot Thursday night at saving whatever office materials they could from smoke damage as a fire barreled through businesses at the other end of the block. The workers gather at 11:15 p.m. to carry out paintings, records and office supplies,
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Tips for landlords today include dealing with technology and crimes that would not have been possible in previous generations. Smart landlords take care to vet prospective tenants before signing a lease or rental agreement. Because that's the best way to minimize renter risk. After all, past behavior is
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Her first title, “company man,” no longer exists. Ramona M. Graves, dean of the Colorado School of Mines' college of earth resource sciences and engineering, came on stage with a cane at the Hyatt Regency Downtown Houston to accept Hart Energy's first lifetime achievement honor, the Pinnacle
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Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that the company has been ranked #16 on the 2018 Best Workplaces for Giving Back list, created by Fortune magazine and Great Place to Work. Rankings for this year's
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The UK's big banks are at risk of losing their most valuable customers because of open banking, a report has found. The Bain and Company, Salesforce and MartizCX report, titled 'Coping with the Challenge of Open Banking', identifies high-risk customers that are more likely to abandon the traditional
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Matthews International logo Matthews International Corp (NASDAQ:MATW) VP Robert M. Marsh purchased 3,000 shares of the stock in a transaction dated Tuesday, January 30th. The stock was bought at an average cost of $55.50 per share, with a total value of $166,500.00. Following the completion of
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Perez told HousingWire that to protect both sides of the transaction, there was a fluctuation limit in place during the transfer period for the money. “The value was set in dollars, and the number of bitcoins was determined at the moment of the closing,” Perez explained. “We negotiated with the buyer to
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If you watched a daytime soap opera or game show in recent years, you probably saw older actors such as Tom Selleck or Henry Winkler speak about the reverse mortgage. What is the reverse mortgage? The FHA-insured Home Equity Conversion Mortgage, or HECM, was signed into law on Feb.
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“As the commission is conducting an inquiry, and not a judicial proceeding, cross-examination that raises collateral matters going only to credit will not be permitted,” it said. The banking commission, helmed by former High Court judge Kenneth Hayne, begins on Monday but is already mired in confusion
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Intellect Global Transaction Banking (iGTB), the corporate banking technology provider, and Pivotal Software, Inc. announced the upcoming availability of iGTB's next-generation Cash Management platform, CBX 18, on Pivotal Cloud Foundry® (PCF), one of the world's most powerful cloud-native
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The most significant revelation in “Black Fortunes,” the engaging profile of the first African Americans to become millionaires, is that these wealthy blacks managed to exist at all. African Americans of the antebellum era, when most of these success stories take place, have typically been portrayed as poor
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Arlington Asset Investment Corp logo Arlington Asset Investment (NYSE:AI) had its price objective decreased by B. Riley from $13.00 to $12.00 in a research report sent to investors on Thursday. B. Riley currently has a neutral rating on the financial services provider's stock. Several other equities
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Blockchain and cryptocurrency mania has engulfed the Internet in the past year. But could the digital ledger tech (and its offshoot applications) also help spur drug development, ensure genetic privacy, and make consumers some crypto-money on the side—all in one fell swoop? That's the ambitious
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What's supposed to be the most volatile asset in the universe is proving to be a bastion of stability compared with wild swings and carnage in global equities this week. Bitcoin is clawing its way back from the four-month low of $5,922 it touched on Tuesday, rebounding 47 percent to $8,650. The S&P 500
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