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Attention All HELOC Issuers: Please Report to CFPB

The CFPB announced Thursday that the Home Mortgage Disclosure Act (HMDA), enacted in 1975, has been temporarily changed for banks and credit unions that offer Home Equity Lines of Credit. Take a look at some of the changes that were made in the final ruling.

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Same Story, Different Stats

While “girls rule the world” may be a popular battle cry, the chasm continues. And the newest rift is affecting single women, who amass less home equity than single men, a new study finds. So just how much are women losing out?

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Then, Now, and Later

According to Fed Chair Janet Yellen, today's financial system is a safer one thanks, in large part, to the Great Recession—as well as the reforms that followed it. Read on to see Yellen's full remarks.

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Seniors Overreaching

Mortgage Risk

In a recent brief the Consumer Financial Protection Bureau (CFPB) examined the financial tradeoffs of entering into a reverse mortgage at the age of 62.

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Undersupplied and Overheated

At the epicenter of the housing crisis was the underwater borrower, a by product of unrealistic price points and an over-heated housing market. Now, according to recent data, some market's are overheating once more.

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Home Sales Sour

According to the National Association of Realtors (NAR), sales of existing homes fell 1.3 percent to a seasonally adjusted annual rate of 5.44 million. While sales are 2.1 ...

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