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First time mortgage payments up 61% since last election
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First time mortgage payments up 61% since last election

First-time buyers have seen mortgage payments soar by nearly two thirds since the last general election, industry research ...
CFPB Issues Report On Negative Equity In Auto Financing
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CFPB Issues Report On Negative Equity In Auto Financing

A new CFPB report, Negative Equity in Auto Lending, contains an analysis of data relating to the financing ...
Payday Lending Rule Slated to Take Effect, 7 Years Later
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Payday Lending Rule Slated to Take Effect, 7 Years Later

On June 14, the CFPB published a press release announcing that its 2017 Payday, Vehicle Title and Certain High-Cost Installment Loans ...
Illinois Passes Novel Payments Law Restricting Swipe Fees
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Illinois Passes Novel Payments Law Restricting Swipe Fees

Illinois has become the first state to enact restrictions on credit and debit card interchange fees – commonly ...
Fed, FDIC Ding Four Of The Largest U.S. Banks' Unwinding Plans
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Fed, FDIC Ding Four Of The Largest U.S. Banks’ Unwinding Plans

The Federal Reserve and Federal Deposit Insurance Corp. issued their reviews of the living wills of eight of ...

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