New Day Financial, also known as NewDay USA, was fined $2.25 million Thursday over deceptive activities targeting veterans seeking cash-out refinance loans, the federal agency charged with consumer financial protection said. The Consumer Financial Protection […]
A consent order filed Monday by the consumer financial protection agency requires Low VA Rates LLC, a mortgage lender and broker licensed in 48 states and the District of Columbia, to pay a $1.8 million […]
A broker arranging high-interest credit agreements to consumers – particularly disabled veterans – was sued by the federal consumer financial protection agency and two states in action filed Thursday, the regulators said. The Consumer Financial […]
Veterans report higher levels of financial well-being than the average U.S. adult, and there is a pathway from financial skill to that well being, an analysis released Tuesday stated. The evaluation released by the Consumer […]
A broker allegedly offering high-interest credit to veterans has been permanently banned from (among other things) arranging agreements between veterans and third parties under which the veteran purports to sell a future right to an […]
A Volcker rule exemption, more extended-exam-cycle eligibility for small banks and protection for veterans from negative credit reporting when payments for medical services are held up due to federal administrative processes were among the bills […]
Eight federal financial industry bills, three of them reflecting measures found in the recently Senate-passed bill dialing back some Dodd-Frank Act reforms, are slated for mark-up Wednesday by the full House Financial Services Committee. The […]
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