The Consumer Financial Protection Bureau released research reporting consumers in majority Black and Hispanic neighborhoods, as well as younger consumers and those with low credit scores, are far more likely to have disputes appear on their credit reports.
Tag: Minority Borrowers
MBA Statement on The Markup’s ‘Flawed Analysis’ of Mortgage Lending
The Mortgage Bankers Association on Wednesday released the following statement regarding a report by The Markup, an investigative journalism group, on its “flawed analysis” of mortgage lending:
CFPB Reports Detail Mortgage Borrowers’ Continuing COVID-19 Challenges
The Consumer Financial Protection Bureau released two reports Tuesday, saying more work needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn.