Consumer lending

ACA International elected new leaders at its annual meeting.

Signature Bank in New York hired a BankUnited executive and four salesmen and underwriters for its new direct commercial-vehicle financing business.

The Consumer Financial Protection Bureau launched the first in a series of monthly reports to highlight important trends in the consumer complaint data. The monthly report includes data on company performance, complaint volume, state and local information and product trends.

A week has passed since the collections and credit world was turned upside down by the Federal Communications Commission when it issued a Declaratory Ruling and Order regarding the Telephone Consumer Protection Act. Now what?

Consumer Financial Protection Bureau Director Richard Cordray testified Wednesday before the Senate Banking Committee about the release of the Bureau’s seventh semi-annual report.

The Minnesota Commerce Department announced Wednesday that collection agency Tucker, Albin and Associates Inc. is facing a $500,000 fine for allegedly harassing and threatening small businesses in the state.

A total of 597,589 U.S. properties with foreclosure filings in the first half of 2015, down 13% from the previous six months and down 3% from the same time period in 2014, according to RealtyTrac's Midyear U.S. Foreclosure Market Report.

ZestFinance in Los Angeles has introduced a loan product for subprime borrowers whose credit scores nearly qualify as prime.

Officials in Maury County, Tenn. will begin working with collection agency Pioneer Credit Recovery to recover an estimated $10 million in debts owed to the county.

American Honda Finance Corp. has agreed to pay $24 million to consumers and lower the dealer price caps to settle federal charges that minorities received higher-cost auto loans than white borrowers.