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The Consumer Financial Protection Bureau (CFPB) will be closely scrutinizing what it described as “junk fees” imposed on borrowers when closing a mortgage. Its new priority has provoked strong criticism from the mortgage industry. President Joe Biden announced a housing plan during his 2024 State of
Read More MBA weighs in after SEC adopts scaled-back climate policy

The Securities and Exchange Commission (SEC) this week announced new rules that will require publicly traded companies to disclose climate risks and how much greenhouse gas emissions they produce. But compared with a prior proposed version of the rules from 2022, media outlets have characterized the
Read MoreExpert says women face unique retirement challenges: CNBC

Women face a series of challenges that add up to make retirement prospects “pretty bleak,” including issues such as gender pay inequality, longer life spans and a lack of savings based on U.S. Census Bureau data. But Cindy Hounsell, founder and president of the Women’s Institute for a Secure Retirem
Read MoreWhy Hometap is betting on the growth of the home equity investment market

Based on the notion that far too many U.S. homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan.Hometap, as an investor, provides cash in exchange for a share of their
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