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A Treasury Department program that supplies credit to small businesses spurred $1.9 billion in loans and created or saved 53,000 jobs in its first 18 months of operation, the department says.
September 27 -
Several Native American tribal leaders who were looking to block a civil investigation into their online payday lending practices have been denied by the Consumer Financial Protection Bureau.
September 27
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Democratic lawmakers including Senator Elizabeth Warren today demanded that eight U.S. banks produce information about agreements they may have with colleges to encourage students to use their products.
September 27 -
Because third-party processors are on the hook for losses from fraudulent transactions, they have as much interest in eliminating bad actors as anyone.
September 27
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Some bankers would liken the Consumer Financial Protection Bureau to "Saturday Night Live" 's famous land shark, but the agency is said to do its best work when like a bunch of late-night TV writers it invites broad input.
September 26 -
The Consumer Financial Protection Bureau on Thursday denied an appeal made by several Native American tribal lenders who were seeking to block a civil investigation into their online payday lending practices.
September 26 -
The Federal Housing Administration is facing a bailout for the first time in its almost 80-year history, raising a host of fresh questions about the potential for standalone legislation to the reform the agency.
September 26 -
The Federal Reserve Board has ordered SunSouth Bancshares of Dothan, Ala., to strengthen its board.
September 26 -
The number of foreclosures and "seriously delinquent" loans fell to their lowest levels since the financial crisis started while 90.6% of mortgage portfolios continued to perform well. Still, the number of loans past due by less than 60 days jumped slightly.
September 26 -
A bogus Florida bank is swindling consumers across the country with a fraudulent credit card scheme, according to the Office of the Comptroller of the Currency.
September 26


