WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) entered into a proposed settlement with a ring of corporate entities operating some of the largest credit repair brands in the country, including Lexington Law and CreditRepair.com. The agreement follows a ruling from t ... View Full Article

The Consumer Financial Protection Bureau (CFPB) published an issue spotlight on digital payment apps heavily used by consumers and businesses. The analysis finds that funds stored on these apps may not be safe in the event of financial distress, since the funds may not be held in accounts with feder ... View Full Article

WASHINGTON - [February 22, 2023] The Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), announced a 30 basis point reduction to the annual mortgage insurance premiums (annual MIP) charged to homebuyers who obtain an FHA-insured mortgage. Vice Preside ... View Full Article

The Hampton Roads Association of Real Estate Brokers (HRAREB) and Virginia Housing and Community Development Corporation (VHCDC) proudly present the 2023 Hampton Roads Housing Symposium, a forum for meaningful exchange of ideas on increasing home ownership among black and brown families.  ... View Full Article

Equifax, Experian, and Trans Union recently announced significant changes to the way medical debt collection data is reported on consumer credit reports. Specifically, the bureaus have agreed to three major changes, which are anticipated to impact 70% of medical collections. Paid medical collection ... View Full Article