• Money

    CFPB fines Experian $3 million for lying about consumers' credit scores

    Lending

    Told consumers that purchased credit scores were same ones that lenders used


  • Lending

    Told consumers that purchased credit scores were same ones that lenders used

    Experian, one of the nation’s three major credit reporting bureaus, misled consumers by telling them that the credit scores they purchased from the company were the same ones that lenders used to make credit decisions, the Consumer Financial Protection Bureau said Thursday. And for that deception, the CFPB is fining Experian $3 million.

This month in
HousingWire magazine

Cover Story
March 2017

The 2017 HW Tech100

The mortgage industry is leveraging technology like never before, streamlining processes across the spectrum of lending, servicing, investing and real estate. The combination of regulatory pressure and consumer expectations have set a high standard for efficiency and transparency, requiring a significant investment of time, money and talent to hit the right notes for both.

Feature

How consumer demand is fueling a mortgage transformation

InvestmentsLendingReal EstateServicing

Commentary

Three tech trends that will transform mortgage lending

Lending