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Tag Archives: Investors

CFPB Reports Rise in Service Member Complaints in 2012

Ginnie Mae Veteran lending policy

A new report from the Consumer Financial Protection Bureau (CFPB) reveals consumer finance complaints filed by service members, veterans, and their families steadily rose throughout 2012. The report, released by CFPB's Office of Servicemember Affairs, shows the number of complaints rising steadily each quarter, closing the year at a total of 3,455. Mortgage complaints were by far the most common out of all categories, with a quarterly average of 52.3 percent of complaints focused on home finance products.

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Unemployment Rate Down to 7.5% as Payrolls Increase by 165K

The economy added 165,000 jobs in April, and the unemployment rate dropped to 7.5.percent, its lowest level since December 2008, the Bureau of Labor Statistics (BLS) reported Friday. Economists had forecast payrolls would grow by 153,000, and that the unemployment rate would remain at 7.6 percent.

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ALTA Breaks Membership Records

The American Land Title Association (ALTA), the national trade association of the land title insurance industry, announced it has achieved all-time record membership for the fourth consecutive year.

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