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Comptroller of the Currency Joseph Otting took office only late last year, but he is wasting little time in tackling a series of hot-button topics, including easing anti-money laundering regulations and lowering national bank fees.
April 15 -
A 28% increase in lease assets helped offset stagnant growth in traditional auto lending.
April 13 -
Regulators should revise existing rules to encourage banks to offer short-term loans to customers who run into financial emergencies.
April 13 -
Acting CFPB Director Mick Mulvaney took heat from Democrats on whether he planned to take the agency's consumer complaint portal private while responding to Republican fears that its data collection activities pose a data security risk.
April 12 -
As upstart companies mature, they face pressure to develop deeper relationships with their customers. That is leading some to offer to a wider range of products, including deposit accounts.
April 12 -
The Treasury Department’s long-awaited report on modernizing the Community Reinvestment Act was heavy on glittering generalities but light on specifics, which explains why the report punted the real job of making needed reforms.
April 12 -
Concerned about rising default rates, banks "significantly" tightened underwriting in the first quarter, the Bank of England said in a report published Thursday.
April 12 -
The government is pushing up mortgage prices to dangerous levels by easing credit standards in a market where supply is low but demand is high.
April 12American Enterprise Institute’s Housing Center -
The consumer lender Oportun is rolling out a product designed to combat overdraft fees.
April 12 -
Critics argue that Community Reinvestment Act standards need to be more transparent, but creating more objective measures would require regulators to favor some types of loans over others.
April 11