Qwest Credit Enhancement: January 2020

Thursday, January 30, 2020

CFPB moves to eliminate mortgage debt-to-income rule for borrowers

Heeding the call of some of the largest mortgage lenders in the industry, the Consumer Financial Protection Bureau (CFPB) is moving to back the elimination of debt-to-income (DTI) requirements in mortgage underwriting.

In a letter CFPB Director Kathy Kraninger sent to Congress today, the CFPB asked to amend the Ability to Repay/Qualified Mortgage rule (ATR/QM rule) in order to remove DTI as a qualifying factor in mortgage underwriting.

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Wednesday, January 29, 2020

Credit Score Outta Shape

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Tuesday, January 28, 2020

The CFPB Just Sued a Crooked Mortgage Servicer, but Indicted Itself

In December 2013, the Consumer Financial Protection Bureau and 49 states issued a $2.1 billion consent order against Ocwen, one of America’s largest mortgage companies, for “violating consumer financial laws at every stage of the mortgage servicing process.” Three and a half years later, the CFPB sued Ocwen in federal court for, well, violating consumer financial laws at every stage of the mortgage servicing process

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Thursday, January 23, 2020

Qwest Testimonials

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Qwest Testimonials

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Wednesday, January 22, 2020

Bad Credit Score Help

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Tuesday, January 21, 2020

Qwest Testimonials

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Thursday, January 16, 2020

Equifax agrees $1.38bn data breach lawsuit settlement

A US judge has rubber-stamped a $1.38 billion settlement related to the massive 2017 data breach at Equifax – capping the amount available for cash payouts to victims.

As first reported by BankInfo Security, the federal judge has given final approval for a settlement that deals with a class action lawsuit against Equifax.

Mirroring an agreement reached between Equifax and the Federal Trade Commission last year, the settlement sees the tens of millions of Americans affected by the breach given the choice between free credit monitoring or a cash payment.

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Wednesday, January 15, 2020

Credit Help

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Tuesday, January 14, 2020

QWEST Credit Enhancement

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Thursday, January 9, 2020

Mortgage Broker Settles FTC Charges It Posted Unhappy Customers’ Personal Info On Yelp

You’ve heard about how data breaches (at credit bureau Equifax, among other companies) may have left your personal information exposed. Maybe you’ve wisely taken steps to protect yourself, such as signing up for credit monitoring and/or freezing your credit.

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