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As it gives its small-dollar lending regulation another look, the agency must consider borrowers who have no other credit options.
March 8Community Financial Services Association of America -
The Consumer Financial Protection Bureau finalized a rule on Thursday that gives mortgage servicers more latitude in sending periodic statements to borrowers in bankruptcy.
March 8 -
Sen. Durbin wants the bank to ease its college marketing efforts; the Consumer Bankers Association wants the government to make more room for private lenders.
March 8 -
The lack of enforcement actions is troubling and raises questions of what’s ahead, writes Matt Schulz, senior analyst at CreditCards.com.
March 8CreditCards.com -
The latest version of a bill to give regulatory relief to small institutions includes language designed to ensure that large foreign bank holding companies do not also see their supervision eased.
March 7 -
The major prepaid card issuer agreed to the penalty to settle allegations that it had charged higher fees than what was disclosed to customers.
March 7 -
More than 50 amendments had been filed by Wednesday afternoon to be considered as part of a Senate regulatory relief bill, but it was unclear which proposed changes if any have the approval of the legislation's key sponsors.
March 7 -
The resignation of National Economic Council Director Gary Cohn costs financial institutions a top ally in the Trump administration and could potentially further slow agency appointments -- including the two open spots on the NCUA board.
March 7 -
Howard Bancorp and Bryn Mawr Bank are trying different approaches to reach out to underserved markets they’ve entered via acquisitions. Creative in-house initiatives may take on added importance as regulators move to "dial back" Community Reinvestment Act rules.
March 7 -
Comptroller of the Currency Joseph Otting will bow out of certain regulatory matters involving CIT and U.S. Bank, where he held leadership roles, and three others.
March 7