TORONTO — Ontario’s financial regulator will provide a $500-million credit facility to help PACE Credit Union continue operations. The Financial Services Regulatory Authority of Ontario took control of the credit union when it was placed under administration in September 2018 … Continue reading →
Read more: creditandcollectionnews.com
United Federal Credit Union names Bill Golden mortgage advisor in Carson City, Nevada ST. JOSEPH, MI (April 13, 2021) — United Federal Credit Union (United) is pleased to announce the appointment of Bill Golden as Mortgage Advisor at the Carson … Continue reading →
Read more: creditandcollectionnews.com
(InvestigateTV) – Every year, Marsha Edwards says she cringes as she watches the days tick by, inching closer to tax day. As the owner of Rise Above hair salon in Richmond, Virginia she deals with the regular stress of running … Continue reading →
Read more: creditandcollectionnews.com
A debt-settlement firm owned by the founder of nonbank lender CashCall agreed to pay a $750,000 fine to address claims it steered consumers into high-cost loans from affiliated lenders and failed disclose relationships with affiliated lenders. SettleIt, an online company, … Continue reading →
Read more: creditandcollectionnews.com
Copyright © 2021 Albuquerque Journal SANTA FE – A trip to the emergency room two years ago left Genevieve Romero with $1,500 in medical debt and a hit to her credit score. Romero has insurance, and she says she never … Continue reading →
Read more: creditandcollectionnews.com
Friday, April 9, 2021 Whether you are a board member or a property manager for a community association (“Association”), you have probably dealt with owners that fail to pay their assessments, and whose accounts need to be referred for collection. … Continue reading →
Read more: creditandcollectionnews.com
Overall, 2020 was a record year for the housing finance industry, but not everyone reaped the same gains from it, early analyses of Home Mortgage Disclosure Act data show. Nonbanks claimed more market share, and annual origination gains for Hispanic, … Continue reading →
Read more: creditandcollectionnews.com
Shutterstock / Shutterstock One of the more fascinating platform items of the Biden presidential campaign was the idea of transferring consumer credit ratings from Equifax (NYSE: EFX), Experian PLC (OTC: EXPGY) and TransUnion (NYSE: TRU) to a public registry under … Continue reading →
Read more: creditandcollectionnews.com
On April 7, the Consumer Financial Protection Bureau issued a Proposed Rule that would postpone the effective date of the Debt Collection Final Rules, Part 1 and Part 2, by 60 days, from Nov. 30, 2021, to Jan. 29, 2022. … Continue reading →
Read more: creditandcollectionnews.com
Almost one-in-10 likely student loan borrowers on an income-based repayment plan have less than 28% of their monthly income left over to cover housing costs, disqualifying them for most mortgages. Half of renters and 39% of buyers delayed their decision … Continue reading →
Read more: creditandcollectionnews.com
