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...
The resignation, effective Feb. 4, will leave the FDIC board composed entirely of Democrats. It follows a highly visible — and unusual — partisan spat among board members.