By KIMBERLEY HAAS As officials at the Federal Trade Commission continue to review the proposed acquisition of Black Knight by Intercontinental Exchange, the top Democrat on the House Financial Services Committee is reiterating her concerns about the merger. U.S. Rep. Maxine Waters (D-CA) has said the two companies play a dominant role in the technology…
By KIMBERLEY HAAS Officials at the Consumer Financial Protection Bureau are taking action against a California-based mortgage lender that allegedly sent misleading advertisements to military families. According to a press release, RMK Financial Corporation falsely represented that the company was affiliated with the Department of Veterans Affairs and the Federal Housing Administration. RMK Financial does…
By KIMBERLEY HAAS Officials at the Consumer Financial Protection Bureau are warning shoppers about pay-to-play mortgage comparison shopping platforms. CFPB Director Rohit Chopra said in a statement on Tuesday that given current mortgage interest rates, it is important for homebuyers to shop and compare loan offers. “We are working to ensure that online platforms are…
By KIMBERLEY HAAS Analysts say that being located near certain grocery stores can have an impact on a home’s value. Average houses near Trader Joe’s are $987,923, compared to $891,416 near Whole Foods and $321,116 near ALDI, according to an analysis released last week by ATTOM, a curator of real estate data. Rick Sharga, Executive…
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