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The Chicago-area lender, which at first was able to get the suit quashed, agreed to end the discrimination case by paying a $105,000 fine.
November 1 -
As it gets ready for more competition from VantageScore, the company also did not comment on reports of yet another impending price hike.
October 28 -
Only a few dozen mortgage firms could likely afford the $7 million ad for this year's big game, a marketing veteran said.
February 9 -
But attorneys for the small Chicago-based mortgage company remained defiant and actually welcomed the Bureau's move.
April 4 -
This move comes at a time when the largest HECM producer sold its operations to a rival and another filed for bankruptcy.
January 30 -
The agency issued an interpretive rule earlier this month that said digital marketers must comply with federal consumer financial protection law. Banks will need to double down on compliance when engaging with these companies.
August 25 -
New American Funding scored the highest among eligible companies in this year's substantially redesigned measurement of customer satisfaction.
July 28 -
Lenders have spent months puzzled by the persistently low delinquencies on their credit cards. Now, they’re seizing the moment.
October 23 -
Only 18% of refinance borrowers returned to the same lender in the second quarter, the second lowest rate since 2005.
September 14 -
As home loans surge and lenders look to expand, they're doing a cost-benefit analysis on the possibility of opening more commercial locations.
July 24