Author: PROGRESS In Lending

ComplianceIn The News

CFPB Sues Experian For Sham Investigations Of Credit Report Errors

PROGRESS In Lending

The Consumer Financial Protection Bureau (CFPB) has sued Experian, the nationwide consumer reporting agency, for unlawfully failing to properly investigate consumer disputes. The CFPB alleges that Experian does not take sufficient steps to intake, process, investigate, and notify consumers about consumer disputes, resulting in the inclusion of incorrect information on credit reports. Inaccurate or false information on consumer reports can threaten consumers’ access to credit, employment, and housing.

Read More
Execs On The MoveIn The News

BSI Financial Services SVP Allen Price Joins IMN Home Equity Investment Advisory Board

PROGRESS In Lending

BSI Financial Services, a national mortgage fintech platform, announced that Allen Price has been selected to join the IMN Home Equity Investment Advisory Board. Price, who serves as senior vice president of sales, client and transaction management at BSI Financial Services, is the first mortgage servicing executive appointed to the Board.

Read More