Mortgage Disclosure

WASHINGTON, D.C. April 26, 2018 — Today the Bureau of Consumer Financial Protection (Bureau) finalized an amendment to its “Know Before You Owe” mortgage disclosure rule that addresses when mortgage lenders with a valid justification may pass on increased closing costs to consumers and disclose them on a Closing Disclosure.Read More →

SunTrust Bank

ATLANTA, April 20, 2018 /PRNewswire/ — SunTrust Banks, Inc. (NYSE: STI) is now offering Identity Protection for all current and new consumer clients at no cost on an ongoing basis. Experian IDnotify™ will be provided to those who sign up for the service. SunTrust cares deeply about the privacy and security of clientRead More →

Wells Fargo

Washington, DC, April 20, 2018 – Today the Consumer Financial Protection Bureau announced a settlement with Wells Fargo Bank, N.A. in a coordinated action with the Office of the Comptroller of the Currency (OCC). As described in the consent order, the Bureau found that Wells Fargo violated the Consumer FinancialRead More →

Digital Wallet

COLUMBUS, Ga., March 27, 2018 — According to the latest U.S. Consumer Payment Study conducted by Total Systems (TSYS), a range of emerging payment options are gaining widespread acceptance with consumers across age groups – especially ages 25 to 34. The seventh annual study, which examines attitudes and behaviors toward payments, focusedRead More →