FDIC Chair Jelena McWilliams’ resignation clears the path for Democratic control of FDIC rulemaking, which could translate into tougher bank merger rules.
The CFPB believes technology, to some degree, can help remove bias, but black box underwriting algorithms are not necessarily creating a more level playing field...
Ginnie Mae mortgages carry a servicing fee of 44 basis points. It can now keep that income all to itself, instead of sharing it with a subservicing vendor...