Archive for April 2021
Consumer watchdog group issues policy to strengthen national eviction moratorium
The Consumer Financial Protection Bureau announced an interim rule on Monday that will allow tenants to sue debt collectors who violate the national ban on evictions. Attorneys for landlords and other debt collectors who wrongly evict tenants could also face federal and state prosecution, the bureau said. In addition, these debt collectors must now provide tenants notice…
Read MoreMortgage refinance demand hits lowest level in over a year, and homebuyers retreat, too
It was a mixed week for rates, which started high and then fell slightly, but the damage was done early. Total mortgage application volume decreased 3.7% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) decreased…
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