Free Credit Freeze From All 3 Bureaus One silver lining from the Equifax data breach has been legislation passed by Congress that requires the credit bureaus to provide credit freeze services free to all consumers.
Fed Nets $2.5 Bil From Fund Created to Save Bear The Federal Reserve Bank has unloaded its last holdings in a fund it created during the financial crisis to enable JPMorgan Chase & Co. to save Bear Stearns Companies Inc. from collapse. The fund generated a profit of $2.5 billion.
House Bill Addresses Poor CFPB Guidance
Legislation that has advanced in the House of Representatives addresses sharp criticism the Bureau of Consumer Financial Protection kept lenders in the dark about complying with agency guidance.
Mortgage Events for MSR Market, Brokers
Mortgage market participants interested in servicing rights, mortgage brokers or regulatory compliance have multiple events they can attend over the next several months.