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A growing number of companies, led by Walmart, are offering payroll advance loans to their workers; Christian Sewing said he will invest 15% of his net earnings in the German bank’s struggling shares.
September 3 -
House Financial Services Committee Chairwoman Maxine Waters and over a hundred other lawmakers want the agency to go forward with a mandatory underwriting requirement for payday loans.
August 23 -
Regulatory efforts to protect consumers from harassment and robocalling are forcing big changes. Attorney Quyen Truong at Stroock & Stroock explains.
August 20 -
Readers react to BofA defending reverse mortgage borrowers, support the Federal Reserve creating a real-time payments system, advocate for consolidating federal bank agencies and more.
July 25 -
State regulator Ron Rubin had been asked to resign in May over a sexual harassment complaint, but he attempted to fight the allegations.
July 25 -
Smart rulemaking starts with consolidating multiple agencies into one body with a clear mandate.
July 25GNC Holdings Inc. -
The social media giant says its cryptocurrency project can bring services to the world's unbanked. Lawmakers and regulators aren’t so sure.
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Policymakers should consider how new data computing can help ensure equal lending, not hinder it.
July 23Kabbage Inc. -
The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million.
July 18 -
America's farms have taken on near-record levels of debt in recent years, and commodity prices and trade wars are putting pressure on farm country. That could spell bad news for bankers that lend to them.