Tag: Peter J. Nigro
Changes in mortgage fee structure may shake up industry
Charging higher fees to a borrower who makes less money and has more debt has historically been the best way for mortgage lenders to...
New proposal could put customers in charge of their financial data
If information is power, then banks and credit unions are in control.
That’s because every morsel of customer financial data, from spending patterns to credit...
Many banks consolidating jobs as economy shifts
While restaurants and retailers were laying off their workers at the onset of the COVID-19 pandemic, banks embarked on a hiring spree in the...
Will higher interest rates cool the housing market?
What goes down, must come up.
That will apply to mortgage rates, which have begun to climb after hitting historic lows in 2021 and are...
Overdraft fees getting plenty of scrutiny
While banks were denounced as villains of the 2008 recession, their response to the COVID-19 crisis had some calling them heroes.
The praise was based...