More Homeowners Tap Equity Juiced by Soaring Prices
Homeowners are increasingly tapping their equity, taking advantage of big gains following years of soaring housing prices.
CFPB Sues TransUnion for Violating Previous Agreement
The Consumer Financial Protection Bureau is suing TransUnion and one of its long-time executives alleging that the credit company completely “disregarded” a previous order from five years ago to stop selling dubious credit-related products and marketing.
TransUnion: Financial Services Fraud Increased This Year
The financial services industry has seen digital fraud attempts increase in 2021 compared to last year as more consumers go online for banking and other financial transactions, according to new research from TransUnion.
Fintechs Share of Personal Loan Market Continues to Grow
Fintech companies continue to increase their share of the personal loan market.
Study: Almost All Financial Service Firms Experience Some Form of Fraud
Nearly all financial service firms have experienced some sort of fraud within the last two years, whether it’s identity theft or new account fraud, synthetic identity fraud or account takeover fraud.
Frozen Credit Files Can Slow Mortgage Process
Nearly a year after the catastrophic Equifax hack exposed 147 million Americans’ personal and financial data to cybercriminals, consumers are about to get a break – something especially useful for homebuyers and owners.
CFPB Fines TransUnion, Equifax For Deceiving Consumers About Credit Scores
The Consumer Financial Protection Bureau (CFPB) took action this week against Equifax and TransUnion for deceiving and luring customers into costly recurring payments and ordered the pair to pay more than $23 million in restitution and penalties.
Fannie Mae Gives ‘Transactors’ Credit For Good Behavior
Are you a “transactor” or a “revolver” when it comes to your credit? Terms like these never have mattered much to homebuyers seeking a mortgage. You’ve probably never heard of them. Yet they are about to become more important to millions of mortgage seekers, and could...
