People in this impacted group could see their credit scores jump by 20 points, according to the CFPB. With this new ruling, the CFPB hopes to remove the economic barriers that medical debt creates ...
Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another ...
(The Hill) – The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit.
“We all get the same 365 days. The only difference is what we do with them.” In 2024 a lot of lenders buckled down every day. Time to take a breather? Maybe not: mortgage bankers still face ...
The CFPB has finalized a landmark rule that removes $49 billion in medical debt from credit reports, the bureau said in a news release on Tuesday, Jan. 7. The regulation also prohibits lenders from ...
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized ...
Additionally, the CFPB said the rule will boost the credit scores of Americans with medical debt by an average of 20 points and spur around 22,000 more mortgages a year. Around 20 million ...
A unit of Warren Buffett's Berkshire Hathaway is being used by the Consumer Financial Protection Bureau (CFPB) for disregarding "clear and obvious red flags" indicating that borrowers were unable ...
The CFPB said that Vanderbilt Mortgage & Finance, which is owned by Berkshire Hathaway, trapped "people in risky loans." The CFPB alleged in Monday's lawsuit that Vanderbilt Mortgage & Finance's ...
The CFPB said Monday that Vanderbilt Mortgage & Finance's decisions put many families in a position where they struggled to pay their bills and purchase basic necessities. In one example, Vanderbilt ...
OMAHA, Neb. (AP) — The federal Consumer Financial Protection Bureau says in a lawsuit that a unit of Warren Buffett's Berkshire Hathaway “ignored clear and obvious red flags” that borrowers ...