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The Biden administration is expanding its crackdown on junk fees, this time setting its sights on the mortgage industry. The Consumer Financial Protection Bureau (CFPB) cited a particular concern ...
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It also said that mortgage lenders have reported that the fees they pay for borrower credit reports and scores, which can exceed $100 and are ultimately passed on to borrowers, have jumped since ...
The CFPB claims Branch “harvested more than $10 million in junk fees as a result” and that hundreds of thousands of dollars were deposited into accounts workers were never able to access.
Some mortgage lenders charge an application fee when you apply for a loan, which can run up to several hundred dollars and is usually non-refundable. ... Beware of “junk” fees, as well, which ...
By Jerry Kronenberg Homebuyers and refinancers can save potentially hundreds of dollars or more on their mortgages if they make sure their banks throw out "junk" fees. " 'Loan-application fee ...
Financial institutions are refunding $140 million to consumers for so-called junk fees, the Consumer Financial Protection Bureau (CFPB) said Wednesday. The consumer watchdog said $98 million is ...
President Joe Biden on Wednesday unveiled new efforts to crack down on junk fees while announcing $2 billion in savings and $140 million in consumer refunds from previous crackdowns on junk fees ...
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