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How Texas Consumer Debt Changed During the Pandemic Texas
At the height of the COVID-19 pandemic, the country's unemployment rate soared to 15%, reports the Bureau…
Texas man sentenced to 9 years in prison for using PPP loans on Lamborghini and Rolex – WSVN…
(CNN) - A Houston man has been sentenced to nine years in prison for using the money he obtained from Covid-19 relief funds to buy cars, a watch and pay off a home loan, announced the Ministry of Justice.Lee Price III,…
Houston man spent PPP money on a Lambo and got 9 years old
By Alisha Ebrahimji | CNN
A Houston man has been sentenced to nine years in prison for using the money he obtained from Covid-19 relief funds to buy cars, a watch and pay off a home loan, the Department of Justice said. Justice.
Lee Price…
Project Funding Brief: Queequeg Secures Funding for 500 MW Solar Portfolio in UK
From: Mercom Capital GroupQueequeg Renewables (QQR), a developer of solar projects, has secured equity financing of a portfolio of 500 MW solar projects across the UK via a joint venture with Energy Transition Partners (ETP), a private…
Wall Street vs. Home Buyers – Where It’s Most Competitive | Business
You don't need a doctorate. in housing economics to understand that a…
The Payday Lender Battle: A State Bank’s Game
It's a problem that many people face: the need for short-term cash before their next paycheck. Payday lenders often charge high interest rates and fees, which can put borrowers in a worse financial position than when they started. But…
Samsung announces construction of $ 17 billion chip factory in Texas, Telecom News, ET Telecom
Samsung has announced plans to build a $ 17 billion semiconductor plant outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronics."This is the largest foreign direct investment ever in the state…
House prices are soaring. Manufactured home industry sees an opening
At the end of last year, they went to see a house they found on Zillow and were surprised to learn that it had been built in a factory. They liked the large backyard and the fact that it was in a new 21-house…
Investigation Newsletter: Fraud Scheme Results in $ 56 Million Seizure, US Largest Cryptocurrency…
Fraud Scheme Results in $ 56 Million Seized as America's Largest Cryptocurrency Recovery
On November 12, 2021, the U.S. Department of Justice and Southern District Attorney's Office of California's request was granted to liquidate…
Bitcoin fanatics fuel GPU shortages for gamers • The Register
Nvidia and AMD have reported that they are trying to disengage from the blockchain market, preferring to sell to gamers instead.
Cryptocurrency miners have been a blessing and a curse for GPU makers. Businesses initially embraced the…
Community lenders get their share of the PPP pie
Shake Shack burger chain. Ruth's Hospitality Group, owner of the famous Ruth's Steak House. Ashford Hospitality Trust, an investor in upscale communities. What…
Open Lending (NASDAQ: LPRO) upgraded by Zacks Investment Research to retain
Open loans (NASDAQ: LPRO) was upgraded by Zacks Investment Research from a "strong sell" rating to a "conservation" rating in a research note issued to investors on Tuesday, Zacks.com reports. According to Zacks, "Open Lending LLC,…
Motley Fool: Are you interested in commercial real estate financing?
Walker & Dunlop (NYSE: WD) is a small but impressive finance company that has been around since the 1930s and does all kinds of finance for commercial real estate. One of the largest commercial real estate lenders in…
A-Rod fights civil theft, RICO calls for real estate action
Left to right: Alex Rodriguez, former professional baseball shortstop and third baseman, and Constantine Scurtis, Managing Director, Lynd Acquisition Group (Getty Images, Lynd Acquisitiion Group, iStock, Photo Illustration by Steven…
Nelson Partners student housing: a sinking empire
âIt's all a mess,â said MacKinnon, 55. âI received two dividend payments and then it all stopped. It was supposed to be a pretty safe deal.Like many others, Mr. MacKinnon invested in…
More EPA action on PFAS; The bad news keeps piling up – Environment
United States: More EPA action on PFAS; The bad news keeps piling up…
HighPeak Energy, Inc. provides generation, financial and
FORT WORTH, Texas, October 28, 2021 (GLOBE NEWSWIRE) - HighPeak Energy, Inc. (âHighPeakâ or the âCompanyâ) (NASDAQ: HPK) today announced (i) certain production and…
Open Lending will report third quarter 2021 results on
AUSTIN, Texas, October 25, 2021 (GLOBE NEWSWIRE) - Open Lending Corporation (NASDAQ: LPRO) (âOpen Lendingâ), a leading provider of lending and risk analysis solutions to financial institutions,…
Oil Prices Rise As Inventories Tighten Further Alex Mills
Oil prices edged up this week.Crude oil peaked midweek at $ 83.87 a barrel on the New York Mercantile Exchange on Wednesday, but fell back $ 2 to $ 81 in Thursday's session.Gasoline prices followed the rally in crude oil, rising $ 0.072…
Flywheel Capital Acquires $ 66.85 Million of Metro Denver Office Campus
Flywheel takes advantage of current market conditions to add value with four-building Gateway Center propertyPosted: October 20, 2021 at 3:36 p.m. EDT|Update: 45 minutes agoDENVER, 20 October 2021 / PRNewswire / - Flywheel Capital!-->!-->…
TF Holdings Announces Launch of New Latin Community Focused Loan Company, Rely Credit | Texas
IRVING, Texas, October 19, 2021 / PRNewswire / - TF Holdings, Inc., a leading innovator in financial…
CFPB debt collection rules pose a test for medical and student debts
Collection companies are facing outdated billing procedures, especially for student loans and medical debts, as they seek to revamp their consumer communications practices, as required by new federal rules. As of November 30, Consumer…
Court delays CFPB payday rule as industry challenge continues (1)
Payday lenders have won an offer to delay a Consumer Financial Protection Bureau rule limiting their access to customers' bank accounts to collect payments.Payday lenders and auto title lenders do not have to comply with the CFPB rule…
Public service loan forgiveness guidelines: what you need to know
Public service loan forgiveness eligibility The program is temporarily extended until October 31, 2022, so it now includes borrowers who have older loans that were not originally eligible as well as those who were in the wrong repayment…
Silicon Valley Loan Company Withdraws Bank Request In Federal Investigation, But It Is Still…
A Silicon Valley financial lender on Friday withdrew its application to become a national bank as a federal investigation continues into its debt collection practices. But Oportun Financial Corp., which has come under scrutiny for suing…
Forced Financing at Dealerships: True Stories from North Texans
Demands from dealers to the finance office frustrate car buyers, who are already facing a lack of inventory and higher prices.
DALLAS - If you repeatedly say, âI've never experienced this…
Sanjeb Gupta’s GFG Alliance signs debt agreement with Credit Suisse
File photo: Sanjeev Gupta of Liberty Steel smiles outside the company's Liberty Steel processing plant in Darzel, Scotland, England on April 8, 2016. REUTERS / Russell Cheyne 10 October 2021 London (Reuters) - The GFG Alliance said on…
How Erika Girardi Has Dominated ‘Real Housewives’ This Season
Filing a complaint is one thing. Collecting it is a whole different matter. Mr Richards, in an interview, admitted that Ms Girardi's assets - clothing, jewelry and other items - were unlikely to be worth anything close to $ 25 million.…
7 farming stories you might have missed
Did you miss an agricultural news this week? Here are seven stories to catch up with you.
TractorHouse victim of ransomware attack
TractorHouse is just a brand of…
IMF urges government to develop financial plans to reduce pandemic debt
File photo: Participants stand near the IMF logo during the 2018 annual meeting of the International Monetary Fund and the World Bank held in Nusa Dua, Bali, Indonesia on October 12, 2018. REUTERS / Johannes P. Christo / Archive photo…
The IMF board met Friday to review Georgieva-Source
File photo: Cristalina Georgieva, Managing Director of the International Monetary Fund (IMF), Closing press conference of the International Monetary Fund (IMFC) Commission, 2019 Finance Ministers and Governors of the Bank of the IMF and…
PMB and Providence St. Joseph Hospital inaugurate a new medical building for women and children in…
Officials from PMB and Providence St. Joseph Hospital participated in an opening ceremony for the new center for women and children.
At PMB, we are delighted…
Legislation on the reform of bankruptcy sites Back; Previous efforts have been blocked
Here we go - the bankruptcy scene bill is back after previous "reform" efforts were unsuccessful. For those seeking legislative action, what are the chances of a site reform today?
The place of bankruptcy business is…
Finance of America Mortgage Helps Solve Nation’s Affordable Housing Crisis with Launch of ADU…
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Homeowners with apartments or 'grandma apartments' can refinance, potentially lower their monthly payments and generate a rental income stream…
Planning for growth: Regional Bank survey finds companies to increase investments in key areas
BIRMINGHAM, Alabama - (COMMERCIAL THREAD) - Regions Bank on Monday announced the results of a new business survey which found that an overwhelming majority of business owners and senior executives are focusing on business…
Embarrassed Chinese stock exchange Evergrande stops in Hong Kong
File photo: The sign for the China Evergrande Center building can be seen on September 23, 2021 in Hong Kong, China.Reuters / Tyrone Shiu October 4, 2021 Hong Kong (Reuters) - A large sum on Monday, days after some bondholders said real…
Swiss criminal charge for Green Sill
File photo: The Greensill Bank logo was taken on July 3, 2019 in downtown Bremen, Germany. REUTERS / Fabien Bimmer October 3, 2021 Zurich (Reuters) - The Swiss Economic Secretariat (SECO) has filed criminal charges in connection with…
How China’s cryptocurrency ban spreads overseas
San Francisco - Bitcoin prices have risen despite the lockdown of one of the largest markets, as the Chinese government declared all cryptocurrency transactions illegal last week and banned citizens from working for crypto companies.…
How Bosses Should Write Books
October 2, 2021VSSENIOR LEADERS are not, of course, the most natural writers in the world. They do not reach the top without laser ambition, a trait that rarely leads to literary reflection. To be successful, they must murder their…
Rohit Chopra, Biden’s choice as head of CFPB, finally gets Senate green light (barely)
Rohit Chopra, a former Federal Trade Commission member, is expected to step up CFPB enforcement activities and focus on student loans. (Associated press)President Biden named Rohit Chopra to become the nation's top financial consumer…
Thermon Completes Debt Refinance Estimates Annual Cash Interest Savings of $ 4 Million
AUSTIN, TX / ACCESSWIRE / September 30, 2021 / Thermon Group Holdings, Inc. (NYSE: THR) ("Thermon") today announced that it has entered into an amended and restated credit agreement (the "Credit Agreement") with JPMorgan Chase Bank, NA and…
Four-part series demystifies the home buying process – Welcome to the City of Fort Worth
Posted on September 29, 2021
The Greater Fort Worth Realtors Association will present a four-part series each week in October dedicated to first-time home buyers. The series will help demystify the home buying process with…
McDermott Joins AquaVentus Consortium to Advance Renewable Hydrogen Production | Texas
HOUSTON, September 29, 2021 / PRNewswire / - McDermott has joined AquaVentus, a growing consortium of more…
Evergrande raises $ 1.5 billion by selling bank stake to state-owned company
He said he plans to raise around $ 1.5 billion by selling a minority stake in a Chinese bank to a state-owned company. This shows that the Chinese authorities are trying to contain the fallout from the financial difficulties of the…
Trinity Capital Inc. Expands Team with Ryan Thompson as Managing Director to Drive Growth in Central…
PHOENIX, September 28, 2021 / PRNewswire / - Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or…
Crapo, Thune and Toomey lead colleagues to urge Democrats to drop proposal that would jeopardize…
September 27, 2021
Washington, DC--US Senators Mike Crapo (R-Idaho), member of the Senate Finance Committee; John Thune (R-South Dakota); Pat Toomey (R-Pennsylvania), member of the Senate Committee on Banking,…
Black farmers expect billions in promised debt relief
There was a time when black farms thrived.Just two generations out of slavery, by 1910, black farmers had amassed over 16 million acres of land and made up about 14% of farmers. The fruits of their labors have nourished much of America.…
Trucking lender Instapay files for Chapter 11 bankruptcy
Trucking lender and factoring company Instapay, along with its parent company Flexible Funding, have filed for Chapter 11 bankruptcy, according to court records filed with the U.S. Bankruptcy Court in North Texas at Fort Worth.…
Crypto faces existential threats as crackdown escalates
Cryptocurrency companies are competing with lobbyists for subpoenas, which could be an existential battle over how to regulate a trillion dollar industry. Lobbyists were inundated with firms looking for agents in Washington last month as…
JP Morgan launches digital bank in UK next week
London - JP Morgan Chase is gearing up for the long-awaited UK digital bank debut next week. The move will allow US banking giants to acquire major UK lenders such as HSBC, Barclays, Lloyds and NatWest, as well as start-ups such as Monzo…
The solution is there for experienced fins – NMP
The past few years have been particularly difficult for fix-and-flip investors, with rapid price appreciation and slow recovery in stocks. Although the rate of home flips in the United States has been increasing steadily since March,…
Elevate Credit eclipses $ 500 million in combined loans receivable by 25% | Business
FORT WORTH, TX - (BUSINESS WIRE) - Sep 23, 2021--Elevate Credit, Inc. (NYSE: ELVT)…
Evergrande China nears interest payment deadline
The China Ever Grande logo will be seen outside the China Ever Grande Center Building in Hong Kong, China on September 23, 2021.Reuters / Tyrone Shiu September 23, 2021 (Corrected to add the deleted word "important" to quote Casonova…
Statewide Funding chooses Calyx Path as loan
DALLAS, September 22, 2021 (GLOBE NEWSWIRE) - Calyx®, a leading provider of compliant mortgage software solutions used by banks, credit unions, mortgage lenders and brokerage firms nationwide, today announced that Statewide…
JP Morgan tackles UK rivals with launch of Digital Bank Chase
Chase's debit card can be seen in this undated document taken by Reuters on September 20, 2021. Tracking / Distribution via Reuters September 21, 2021 Laurent Blanc London (Reuters) - JP Morgan is challenging its British rivals by…
UK government holds urgent talks to boost energy companies
London - The UK business secretary will meet with leaders of industry and consumer groups on Monday as the UK government looks for ways to help energy companies threatened by rising natural gas prices. Kwasi Kwaten said on Sunday…
Borderlands: Mundi Launches Funding Tool for Mexico-Based Freight Forwarders
Borders is a weekly recap of developments in the world of cross-border trucking and trade between the United States and Mexico. This week: Mundi launches a financing tool for freight forwarders based in Mexico; more…
Evergrande Says Six Executives Repurchased Their Investment Products In Advance
File photo: March 26, 2018, exterior of the China Ever Grande Center in Hong Kong, China.Reuters / Bobby Yip / File Photo / File Photo / File Photo September 18, 2021 Beijing (Reuters) - Six executives at heavily indebted Chinese firm…
Exclusive: Evergrande China’s lenders weigh bad credit and renew credit – Sources
On September 17, 2021, security guards guard in front of Evergrande's headquarters in Shenzhen, Guangdong province, China.Reuters / David Carton September 17, 2021 Beijing / Hong Kong (Reuters) - One of China's largest lenders Evergrande…
America’s most expensive default homes and for sale
An aerial photograph of a $ 500 million mansion called "The One" in Bel Air, California. Google earth According to court documents, the Los Angeles mega-mansion, which was once slated to go public for $ 500 million, became the…
DFW’s new home sales ‘soar off the shelves’
Home selling prices in DFW continue to rise and are up 19.5% from a year ago, according to RE / MAX.
DALLAS - New homes in Dallas-Fort Worth are selling at their fastest pace on record, while used home sales…
Main key players in the auto loan creation software market: DH Corp, Lending QB, Black Knight, ISGN…
Auto Loan Origination Software Market: IntroductionThe Auto Loan Originating Software Market report combines a comprehensive analysis of foreign markets with a fresh approach to the target industry. Market size, drivers…
CFPB issues compliance guidelines for June vacation
Whether mortgage lenders were to count June 17 of this year as a business day or federal holiday depends on when the relevant compliance period begins for each borrower, the Consumer Financial Protection!--GVCST>!-->…
The coming week in bankruptcy: August 9, 2021
Law firmsRelated documentsThe names of companies and law firms shown above are generated automatically based on the text of the article. We are improving this functionality as we continue to test and develop in beta. We appreciate…
Pinedale roundup | Sublette reaches agreement with Vanguard
PINEDALE - The Sublette County Treasurer's Office and the District Attorney's Office have finally ended the ongoing litigation over Vanguard's natural resources.
Addressing the Sublette County Board of Commissioners at its Tuesday…
Promontory MortgagePath COO Debora Aydelotte Wins Top Female Leadership in Industry Honors by…
DANBURY, Connecticut, Aug 3, 2021 (SEND2PRESS NEWSWIRE) - Promontory MortgagePath LLC, the leading provider…
Judge says Howard Energy Partners CEO of San Antonio violated court order in founders’ dispute
On June 18, two weeks after a co-founder of Howard Energy Partners sued to dissolve the San Antonio pipeline and storage company, its chief executive sought to put investors at ease."The company believes this lawsuit to be without merit…
Banks with the lowest mortgage refinancing rates by state [Updated 2021]
Naomi Bishop
Last updated on: Jul 21, 2021
There is no time like the present, as the old saying goes. The mortgage refi industry has seen some impressive…
Auto creditors have gas in their tanks
Take advantage of certain historical conditions. It might not be so good in the future, but it's premature to trade stocks.As other lenders struggled to maintain loan yields and growth, the Allies on Tuesday announced a record…
Tokyo Stock Exchange Overhaul Boosts Japanese Firms Push Into Main Market
File photo: Visitors view the electronic exchange on October 1, 2018 at the Tokyo Stock Exchange (TSE) in Tokyo. REUTERS / Toru Hanai / File photo July 19, 2021 Makiko Yamazaki, Yuki Nitta Tokyo (Reuters) - Japanese companies are…
Historic housing shortage spurs buying frenzy in Plano
Potential home buyers in Plano face a historically tight market characterized by a shortage of inventory and skyrocketing selling prices.âWe are seeing inventory levels at their lowest in 50…
Is Now a Good Time to Buy a Home in Austin?
When considering buying a home in Austin, Texas, it's easy to wonder if the prime opportunity has ever eluded you. Whether you're a first-time home buyer or have bought a lot of homes in your lifetime, you don't want to overpay and end…
Wells Fargo Closes All Personal Credit Accounts
A pedestrian wearing a protective mask will walk past a branch of Wells Fargo Bank in New York, the United States, on Thursday, July 9, 2020. Pierre Foley | Bloomberg | Getty Images CNBC has learned that Wells Fargo is ending…
Stock futures tumble as Wall Street concludes first week of second quarter earnings
U.S. stock index futures slipped at the start of an overnight session Thursday night as Wall Street neared the end of the first major week of its second quarter earnings report. S&P 500-related contracts lost 0.1%, while Dow futures…
NAMMBA Announces Partnership with MCT | national news
MCT Reinforces Its Commitment To Better Serve Today's Rapidly Changing Housing LandscapeORLANDO, Fla.,…
Analysis: digital rivals? Central bank electronic payment plans encourage lenders to reach out
File photo: Bank of England in London, England and the financial district of London November 5, 2020 Reuters / John Sibley July 13, 2021 Anna Irella and Tom Wilson London (Reuters) - As the central bank works on digital currencies, more…
Is this bubble going to burst? | Notice
Spectator
By Stephen Tuttle | July 10, 2021…
Camp exhibit returns July 16-18: elite athletes gear up for professional training on and off the…
Photo credit: thecampexposure.comDallas, Texas, June 30, 2021 - Exhibition at the camp, a free three-day intensive football training for under-represented high school athletes returns for its fourth year July 16-18 at Highland Park…
Oil markets plunge into OPEC + discord
There was an unexpected 11th hour drama at the OPEC + meeting, with members deciding to delay a decision due to disagreements between some nations.Friday, July 2, 2021The OPEC + meeting sparked unexpected 11-hour drama,…
EXPLAINER: How could the indictment hurt Trump’s business? | Texas
NEW YORK (AP) - Criminal tax evasion charges unveiled Thursday against Donald Trump's company are a blow…
Fifth circuit upholds bankruptcy court order in priority lien dispute
The Fifth Circuit recently upheld the order of a bankruptcy court, ruling that a security duly given by a bank over the assets of a debtor takes precedence over the unsettled and imperfect collateral of oil producers over the assets of…
Congress repeals Trump-era payday lender regulations
Posted: June 25, 2021 / 2:09 PM MDT
/ Update: June 25, 2021 / 2:09 PM MDT FILE - On this Tuesday, December 29, 2020, file photo, is the United States!-->…
The hunting house? Follow the advice of this real estate agent
Austin's real estate market is hotter than ever and showing no signs of slowing down. With nearly 200 people arriving in Austin a day, housing stock is scarce and with a rapid influx of California money, real estate costs are…
Congress overturns Trump-era regulations on payday lenders
NEW YORK - Congress on Thursday overturned a set of regulations enacted in the closing days of the Trump administration that effectively allowed payday lenders to avoid state laws capping interest rates. The House…
Wall Street loves single-family rentals
In 2010, this was seen as a quick way to make money, but Wall Street's investment in single-family rental housing quickly became a separate asset class and the pandemic spurred its expansion. While the inventory of homes available for…
Purchase of the Deer Park refinery by Pemex. A view of 2023
Let today's date be January 1, 2023. Pemex is celebrating the first day it operates the Deer Park refinery fully decoupled from Shell Oil Company, the former half-owner and operator. The extended handover period for training and…
At the end of the moratorium, more than 8 million households risk foreclosure or eviction
Even if the country bounces back Coronavirus pandemicHarvard University's New Home Report warns that more than 2 million homeowners are behind on their mortgages and face eviction from their homes in the coming weeks. Most homeowners…
Garuda Indonesia airline defaults to $ 500 million in sukuk
File photo: On April 28, 2017, you can see the Garuda Indonesia plane on the tarmac at Terminal 3 at Suekarno Hatta International Airport near Jakarta, Indonesia.Reuters / Darren Whiteside / File Photo / File Photo June 18, 2021…
Bias is not the only problem with credit scores. AI is not helping.
But in the largest study ever on actual mortgage data, Stanford University economist Laura Blattner and University of Chicago Scott Nelson found that the difference in mortgage approval between minority and majority groups is not just a…
Meet our new class of entrepreneurs emerging from the pandemic and ready to meet the present moment
A unique explosion of entrepreneurship occurs as founders bet on themselves in record numbers. MainStreet USA is back in business and stronger than ever.
When the Covid-19 pandemic crippled the economy, more than 30 million small…
Big banks to fill board seats with women as part of ECB proposal
The European Central Bank wishes to include gender diversity as a criterion for the approval of members of the board of directors and bank executives. This is a step that puts more pressure on the sector where the majority of senior…
American Express makes Kabbage acquisition work in its first checking account
Best known for its line of personal and corporate cards, American Express fits into the growing list of territories held by banks and fintech players. CNBC has learned that the card company opened its first checking account for small…
Regulators tell banks it’s time to stop using Libor
Regulators are redoubling their efforts to close Libor transactions by the end of the year.Last week, the Commodity Futures Trading Commission told brokers promoting derivatives trading between big banks that they should stop using Libor…
Tips to Avoid Exploitation and Financial Abuse of Seniors | Business
June marks Elder Abuse Prevention Month. In an era when 70% of the nation's wealth is controlled by…
My alarm center comes out of chapter 11 of the restructuring plan
The company says it expects to make several acquisitions soon, focusing on regions where it has a strong geographic footprint.
NEWTOWN SQUARE, Pa. - Secure Home Holdings - which operates five subsidiaries, including national security…
These are the most popular types of business loans in Australia
Whether you're just starting out as an entrepreneur or running your own show for over a decade, having the right business loan up your sleeve can be a big factor in your success. When used responsibly, business loans not only help keep…
TIAA Bank to sell its correspondent activity to PenFed
TIAA Bank sells its corresponding loan platform to Federal Pentagon Credit union for an undisclosed sum of money.
The deal represents the latest exit from mortgage space for the Jacksonville-based finance company. TIAA Bank has…
Razorvision Consulting and NXTsoft Partner to Drive Growth in High Margin Digital Loans
Razorvision Consulting, the expert in digital lending technology, is pleased to announce a strategic partnership with NXTsoft, the leader in API connectivity.…
Digital disruption allows community banks like John Steinmetz’s Vista Bank to compete
DALLAS, TX / ACCESSWIRE / June 8, 2021 / Dallas, Texas - The $ 1.4 billion Dallas-based Vista Bank has leveraged cutting-edge technology to help small business owners keep their doors open and their employees out of the unemployment…
House subcommittee assesses consumer credit reports
The House Financial Services Committee and its sub-committees are re-examining credit reports at the 117th Congress, including legislation that could affect information on consumer credit reports.On May 26, the Oversight and…