Is the Mortgage Industry Safe with CFPB Under Fire?
Is the mortgage industry still safe? The Consumer Financial Protection Bureau (CFPB) has been ordered to halt all work while awaiting a new Trump-appointed director. While you may not often hear about this government agency, the CFPB plays a huge role in the mortgage industry and is the reason 2008-style lending practices have not been […]
How DOGE's Targeting of CFPB and HUD Really Impacts Real Estate
In This Article It seems like almost everyone has a strong opinion on the Elon Musk-led Department of Government Efficiency (DOGE) that fits in with the partisan divisions that have become so prominent in our society today. Some have even gone so far as to set Tesla cars on fire. Personally, though, I’m rather ambivalent. […]
CFPB Wants to Ban Medical Bills from Credit Reports
[ad_1] The Consumer Financial Protection Bureau (CFPB) has recently proposed a rule to remove medical bills from most credit reports and prevent debt collectors from using the credit reporting system to collect debt. This new rule aims to eliminate $49 billion of medical debts that unjustly lower credit scores for 15 million people. CFPB Director […]