Consumer lending

A House Republican report, charging that Consumer Financial Protection Bureau Director Richard Cordray "may have broken the law" when the agency cracked down on auto lenders, appeared to escalate the GOP's clash with the agency.

Navient Corp. was sued by a U.S. regulator over allegations that the student loan giant "systematically" cheated borrowers.

The Obama administration took two last-minute swipes at JPMorgan Chase, accusing the lender in separate lawsuits of discriminating against minorities in home lending and against its own female employees by paying them less than their male counterparts.

JPMorgan Chase, Bank of America and PNC reported lackluster revenue growth as higher trading fees and increases in commercial lending barely compensated for consumer-side challenges.

Robins Financial recognizes trio of top employees, Numerica ramps up lending department and more CU professionals in the news.

The Consumer Financial Protection Bureau on Wednesday warned about the risks of the online debt sales, alleging that sensitive personal and financial information is available in some instances to any visitor to a debt marketplace website.

Credit unions have enjoyed a multiyear run of solid growth in membership and originations. Rising rates and the potential for regulatory overhaul could mean new competition — just as refi volumes are set to fall.

Late-payment rates on bank-issued credit cards and auto loans rose during the third quarter of 2016 to their highest levels in more than two years, according to a new report.

Gov. Andrew Cuomo wants to give the state's banking regulator the power to ban "bad actors" from working in financial services, allowing it to step in when federal agencies refuse to act.

The Federal Housing Administration said it would cut the annual premium by 25 basis points starting on Jan. 27, giving President-elect Donald Trump a limited window to delay or scrap the cut.