Consumer Financial Protection Bureau Cracks Down On Redlining, Hacking Customers
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Consumer Financial Protection Bureau Cracks Down On Redlining, Hacking Customers

By KIMBERLEY HAAS Officials at the Consumer Financial Protection Bureau are cracking down on a mortgage company that allegedly discriminated against minority families and a bank that is accused of pressuring employees into unlawfully accessing the credit reports of customers. With the aid of the U.S. Department of Justice, CFPB officials took action to end…

Jace Stirling Joins Embrace Home Loans

Jace Stirling Joins Embrace Home Loans

James “Jace” Stirling has been named the Southeast’s regional sales manager for Embrace Home Loans, the company announced in a press release. “I’m excited to join such an incredible organization,” Stirling said. “I was drawn to Embrace’s fantastic culture, leadership, and the long-term stability of a nearly 40-year-old company. I was also attracted by Embrace’s…

OCC: Serious Delinquencies Down YOY At Major Banks
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OCC: Serious Delinquencies Down YOY At Major Banks

Seriously delinquent mortgages dropped by more than half year-over-year (YOY) at seven national banks, according to a report from the Office of the Comptroller of the Currency. Though the findings are optimistic, the banks in the study– Bank of America, Citibank, HSBC, JPMorgan Chase, PNC, U.S. Bank, and Wells Fargo– were handling almost 1,900 fewer…

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