Compliance

Some lenders have asked whether the bureau would adjust its so-called resubmission guidelines — which determine whether lenders have to refile data based on errors found in samples — and it has responded with a request for further industry input.

WASHINGTON — While it pursues the search for a permanent acting deputy director, the Consumer Financial Protection Bureau has named David Silberman to serve as its acting No. 2 starting next week.

After several years of tussling with mortgage rules and their implementation, the Consumer Financial Protection Bureau is focusing on several areas that will primarily affect the nonbank market, including debt collection, payday-type loans and prepaid cards.

Fourth Corner Credit Union has lost its court battle to offer banking services to the marijuana industry, but its organizers are not throwing in the towel.

Washington-- Banking industry officials hailed changes to a Financial Accounting Standards Board rule that they have long complained unfairly distorts banks' quarterly earnings.

Fourth Corner Credit Union's failed court battle against the Fed has led to renewed calls for U.S. lawmakers to offer stronger protections to financial institutions that provide banking services to legal marijuana growers and distributors.

A Colorado credit union's failed court battle against the Fed has led to renewed calls for U.S. lawmakers to offer stronger protections to financial institutions that provide banking services to legal pot growers and distributors.

After several years of tussling with mortgage rules and their implementation, the Consumer Financial Protection Bureau is focusing on several areas that will primarily affect the nonbank market, including debt collection, payday-type loans and prepaid cards.

Vows to turn credit rating agencies into nonprofits, allow the U.S. Postal Service to offer financial products, and cap interest rates banks charge consumers -- just like credit unions.

Federal judge rebuffs legal challenge by Colorado credit union chartered to serve marijuana businesses but then denied access to the U.S. payment system.