CFPB finalizes updates to Know Before You Owe rule – Financial Regulation News

CFPB finalizes updates to Know Before You Owe rule – Financial Regulation News

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Financial Regulation News

CFPB finalizes updates to Know Before You Owe rule
Financial Regulation News
“As the only financial services trade to oppose any CFPB authority over credit unions, NAFCU has long pressed the bureau to improve the TRID rule and related guidance,” National Association of Federally Insured Credit Unions Vice President of
US Agency Moves to Allow Class-Action Lawsuits Against Financial FirmsNew York Times
CFPB Rule Helps Consumers Join Class-Action Financial LawsuitsConsumerReports.org
Will Trump Kill the CFPB?The American Prospect
Morning Consult –Los Angeles Times –Chicago Tribune
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Loan delinquencies rose in first quarter – Financial Regulation News

Loan delinquencies rose in first quarter – Financial Regulation News

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Financial Regulation News

Loan delinquencies rose in first quarter
Financial Regulation News
“The key to keeping delinquencies low is a strong economy that supports households’ financial obligations through job growth and higher wages,” Chessen said. “It’s inevitable that delinquencies will rise to more normal levels, particularly if economic

Boris Johnson: EU can ‘go whistle’ over Brexit divorce bill – BBC News

Boris Johnson: EU can ‘go whistle’ over Brexit divorce bill – BBC News

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Boris Johnson

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HoC

Foreign Secretary Boris Johnson has told MPs the European Union can “go whistle” for any “extortionate” final payment from the UK on Brexit.

And he said that the government had “no plan” for what to do in the event of no deal being agreed with the EU.

He said: “The sums I have seen that they propose to demand from this country appear to be extortionate.”

“Go whistle seems to me to be an entirely appropriate expression,” he added.

Asked during Commons questions if there was a strategy, either public or private, for what would happen if there was no agreement on Brexit, Mr Johnson said: “There is no plan for no deal because we are going to get a great deal.”

His comments come after No 10 sources played down suggestions that Theresa May plans to walk out of Brexit talks in September to show defiance over EU demands for a divorce bill worth tens of billions of pounds.

Mrs May has said that her view going into the Brexit negotiations was that “no deal is better than a bad deal”.

Mr Johnson’s comments seem to be at odds with Brexit Secretary David Davis, who told the BBC last month that the government had “worked up in detail” the “no deal” option on Brexit.

HUD awards $50 million in housing counseling grants – Financial Regulation News

HUD awards $50 million in housing counseling grants – Financial Regulation News

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HUD awards $50 million in housing counseling grants
Financial Regulation News
More than $47 million of the grants will directly support the housing counseling services provided by 31 national and regional organizations, six multi-state organizations, 19 State Housing Finance Agencies (SHFAs) and 199 local housing counseling …