The largest U.S. nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to... Read more »
Nonbank financial institutions, including mortgage brokers, motor vehicle dealers and payday lenders, must report certain data breaches and other security events to the Federal Trade Commission (FTC). According to an amendment to the Commission’s Safeguards Rule announced Friday,... Read more »