CFPB acts against Draper & Kramer Mortgage for alleged discriminatory lending, facing a potential ban and $1.5M penalty.
While CROA focuses on regulating credit repair companies, other federal laws are focused on protecting consumers. The Fair ...
The incoming administration will have a number of tools at its disposal to immediately pare back stifling federal regulation ...
A disconcerting trend noted by the committee was that it appeared easier for individuals to secure credit for consumption ...
The lawsuit alleges the lender “saddled borrowers in the greatest need with mortgages that they couldn’t reasonably afford to ...
You just might not get the best rates and terms. But if you have a fair or good credit score, you do have some options. Fair credit is generally defined as a credit score between 580 and 669 and ...
Private sector banks met their priority sector lending targets for the first time in 2023-24. This includes targets in areas like agriculture. They outperformed public sector banks. Permitting ...
The landmark Fair Housing Act was signed into law by President Johnson a week after the assassination of Rev. Martin Luther King, Jr. It outlawed discrimination based on race, color, national ...
The Cardiomyopathy Health Education, Awareness, and Research, and AED Training in the Schools Act of 2024 (HEARTS Act) was officially signed by the president on Monday after the United States ...
The rise of digital lending apps has exacerbated the problem, with many platforms exploiting borrowers through high interest rates, hidden charges, and coercive recovery methods.
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. These highlights were written by the reporters and ...