Cases involving accusations of redlining, kickbacks, underpaid employees and more swept across the mortgage industry in ...
The bureau recently published a report about home equity investments, and it filed an amicus brief with a court to state its ...
Rocket Mortgage, and three of the largest banks — Bank of America, JPMorgan Chase and Wells Fargo. The timing of the lawsuit against Zelle, filed just before Christmas, sparked a backlash by banks ...
There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024.
The CFPB alleged that Rocket Homes pressured real estate brokers and agents not to share information with clients concerning products which were not offered by Rocket Mortgage, including the ...
Paying off debt and making home repairs are the top reasons homeowners choose a cash-out refinance, per the bureau's report.
The Consumer Financial Protection Bureau filed one lawsuit and reached five settlements last week, totaling nearly $206.6 ...
Rocket Mortgage has been a massive marketing machine ever since its 2016 Super Bowl "Push Button, Get Mortgage" TV ad launched the online mortgage lender into orbit. It literally changed the way ...
On January 15, 2025, the Consumer Financial Protection Bureau (“CPFB” or the “Bureau”) took three coordinated actions related to home equity ...
For a more visual sense of how interest rates and monthly mortgage payments have changed over time, below is a graph from the CFPB. Prime interest rate and monthly mortgage payments over time.
The Consumer Financial Protection Bureau’s (CFPB) new rule banning medical debt from credit reports could see a delay and further reconsideration. The rule was published Jan. 14 in the Federal ...