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A new Fannie Mae program allowing nonborrower income to count in qualifying homeowners for low-down payment loans received near-universal praise from industry representatives and federal officials at a recent housing symposium here.
November 25 -
The online payday lender Integrity Advance is being sued by the Consumer Financial Protection Bureau for allegedly deceiving consumers about its loan costs.
November 18 - New York
Springleaf Holdings has changed its name to OneMain Holdings after buying its top competitor from Citigroup for $4.49 billion.
November 17 -
Quality control should come early in the production line, just as Japanese automakers discovered when they began to gain market share.
November 17 -
A handful of entrepreneurs have created apps that let workers, especially those with inconsistent incomes, receive portions of their paychecks before payday. Their emergence underscores how slower payments look out of date in an on-demand world.
November 12 -
Our nation has a long way to go to protect those defending our homeland. Stopping the damage of high-cost credit is an important first step.
November 11 -
With the CFPB poised to finalize regulations on overdraft fees, it is important to realize how much the product helps informed consumers.
November 10 -
Traditional installment lenders are fixtures in their communities and verify borrowers' ability to repay, which cannot be said of payday lenders.
November 9 -
Fees charged to military banks under Department of Defense agreements are forcing branches to close, removing a key resource for troops and families.
November 3 -
The RushCard debacle should lead to consumer improvements, but it should not undercut the progress prepaid has made in helping consumers manage their finances.
October 29