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A federal judge will soon weigh whether a lender can sue a competitor for violating the Loan Officer Compensation Rule and allegedly harming its business.Processing ContentLoandepot and West Capital Lending will argue the former's motion to dismiss in a hearing next week, in the latter's lawsuit which it filed earlier...
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Christopher Peterson, a former Democratic gubernatorial candidate in Utah and former advisor at the Consumer Financial Protection Bureau, has been tapped to lead New Jersey's Division of Consumer Affairs. Processing ContentWhat's at stake: The appointment is part of a growing trend of consumer experts moving into state roles as federal...
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There’s an argument floating around that if the Fed hikes rates, long-term rates will move lower.That includes things like 30-year fixed mortgage rates, which recently hit fresh 52-week highs.Basically, a Fed hike will send a signal to the bond market that new Fed chair Kevin Warsh is serious about combating...
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