The Consumer Financial Protection Bureau (CFPB) and U.S. Federal Trade Commission (FTC) announced a joint action against a rental screening subsidiary of TransUnion (NYSE:TRU), charging the company with violations of the Fair Credit Reporting Act. In a press...
Longtime mortgage industry executive Stephen Thomas announced the creation of FutureWave Finance, a Chicago-headquartered national correspondent lender. “Lenders need a product-focused approach to grow their residential mortgage business as we are undergoing a...
The New York City law firm Pryor Cashman announced the hiring of Christian Hylton as a partner in the Real Estate Group and Land Use + Zoning Practice. Hylton’s practice focuses on oversight and management of matters related to land use, zoning, and economic...
Ally Financial Inc. (NYSE: ALLY) announced that CEO Jeffrey J. Brown will be stepping down early next year. Brown, who will also be leaving the Charlotte-based lender’s board of directors, has been chief executive since 2015. He will remain at Ally until Jan. 31,...
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Freedom Mortgage Corp. that alleged its mortgage loan data that was “riddled with errors” and put the Boca Raton, Florida-based company in violation of both the Home Mortgage Disclosure Act (HMDA)...
The leadership of the Mortgage Bankers Association, the National Association of Home Builders and the National Association of Realtors have sent a joint letter to Federal Reserve Chairman Jerome Powell warning that the central bank’s policy of rate hikes is creating...
Delores Lopez Named Chief Operating Officer at Click n’ Close
