-
Lenders contend the proposal goes beyond policing third-party debt collectors and could expose banks to enforcement actions and lawsuits.
November 25 -
Democracy Forward filed the lawsuit Monday against the consumer bureau, Director Kathy Kraninger, the U.S. Department of Education and Education Secretary Betsy DeVos.
November 25 -
Nearly one in four bankers said that the tech giants pose the biggest competitive threat in the long term. But are those fears warranted?
November 21 -
In an update of its rulemaking agenda, the bureau said it "expects to take final action in April 2020" on a proposal that would rescind strong underwriting requirements.
November 21 -
The online lender said it applied insights from its partnership with Fifth Third Bancorp in developing a new digital platform it’s marketing to other large financial services companies.
November 20 -
Several proposals in Congress requiring clear disclosures on student loans could help lower defaults.
November 20College Ave Student Loans -
Five years into Victor Dodig's time as chief executive officer of CIBC, the performance gap between Canada's fifth-largest bank and its peers is as wide as ever.
November 19 -
Delinquencies also remained at "historical low levels" through Sept. 30, according to the state's financial regulator.
November 19 -
Over the last decade, American voters have proved remarkably receptive to bans on high-cost consumer loans. Next year, a proposed ballot measure in a traditionally red state trending purple will offer a test case for the durability of that consensus.
November 15 -
The junior member of the National Credit Union Administration board has proposed additional oversight for larger credit unions, citing a “guiding principle” of “uniformity between the regulators.” That could pit him against much of the rest of the industry.
November 15