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Author name: Ricky Vasquez

Wealthfront takes its low-rate mortgage push into California

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Fintech Wealthfront has switched on its mortgage business in California, extending a digital-first lending strategy built around affordability, providing rates roughly half a percentage point below the national benchmark.  Processing Content The Palo Alto-based company said Aug. 11 that Wealthfront Home Lending is now live in California, Colorado and Texas. The unit is licensed in […]

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CFPB

CFPB will no longer publish consumer complaint narratives

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Frank Gargano Processing Content Key insight: Industry groups have long argued that consumer complaint narratives paint a one-sided picture, and the Consumer Financial Protection Bureau made the same argument Friday when it said it will stop publishing them. What’s at stake: The complaint database has been a source of controversy ever since the bureau was

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NYC pied-a-terre tax can proceed for now, appeals court says

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The rollout of New York’s pied-à-terre tax can proceed for now after an appeals court temporarily put a hold on a Staten Island judge’s order blocking the plan. Processing Content An appellate court in Brooklyn on Thursday said the city can continue to implement the tax, overruling a temporary restraining order issued earlier in the

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