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House Financial Services Committee Chairwoman Maxine Waters and over a hundred other lawmakers want the agency to go forward with a mandatory underwriting requirement for payday loans.
August 23 -
The FDIC and the OCC relax the rule restricting proprietary trading; home buyers with bad credit, lots of debt, or employment issues are again getting loans.
August 21 -
The most recent Credit Union Trends Report from CUNA Mutual Group is “indicative that both the credit cycle and the U.S. business cycle are moving into their last stage before the next economic slowdown,” according to one economist.
August 20 -
Proponents of a plan to get the Postal Service more involved in banking say it would restore profitability. Actually it would lose more money.
August 20Taxpayers Protection Alliance -
Proponents of a plan to get the Postal Service more involved in banking say it would restore profitability. Actually it would lose more money.
August 20Taxpayers Protection Alliance -
Regulatory efforts to protect consumers from harassment and robocalling are forcing big changes. Attorney Quyen Truong at Stroock & Stroock explains.
August 20 -
Alternatives Federal Credit Union is making loans to pay for gender-reassignment surgery, but the initiative has bothered some members.
August 19 -
Robert G. Cameron, a former official at the Pennsylvania Higher Education Assistance Agency, will succeed Seth Frotman as the bureau's point person on student lending complaints.
August 16 -
Deutsche Bank overhaul plan will put taxpayers and the financial system at risk; the San Antonio company names three women to key technology positions; issuers like Chase and Citi need to think beyond traditional card options; and more from this week's most-read stories.
August 16 -
Issuers like Chase and Citi that added installment features to compete with digital lenders will need to think beyond traditional card options.
August 16FICO