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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 20
College 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 -
Bank of the West intends to stop making indirect auto loans and will instead focus on financing purchases of boats and recreational vehicles. It’s just the latest example of a regional bank pouring more resources into the powersports sector.
November 14 -
It’s the company’s responsibility to come forward with the information about how an algorithm that could be discriminating against women borrowers was designed and the exact impact of it, she said.
November 14 -
The tech giant’s plan to offer checking raises concerns about how it will use customer data; third quarter loan originations were the second most on record.
November 14 -
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Consumer behavior is more dynamic than ever with changing preferences, healthy credit demand and greater access. Nidhi Verma, Vice President, Consulting for TransUnion is our special guest. Hosted by Penny Crosman, Editor at Large, American Banker.A Consumer Credit Podcast
November 13 -
Consumer behavior is more dynamic than ever with changing preferences, healthy credit demand and greater access. Nidhi Verma, vice president, consulting for TransUnion, is our special guest. Hosted by Penny Crosman, editor at large, American Banker. A Consumer Credit Podcast
November 13 -
Plug in to the second installment of the “Consumer Credit Podcast Series” with guest Kevin Yuann, general manager of NerdWallet, one of the country’s leading personal finance websites. Hosted by Daniel Wolfe, editor-in-chief, PaymentsSource. A Consumer Credit Podcast
November 13 -
Home loan originations rose by double digits in the third quarter while auto loan originations approached an all-time high, according to new household credit data from the New York Fed.
November 13 -
Tech giant takes will work with Citi; the bank reportedly asked IT providers to return some of the money it paid them in 2018.
November 13 -
The Veterans and Consumers Fair Credit Act would extend Military Lending Act protections to all consumers.
November 12 -
Credit union leaders can't truly understand how consumers interact with their institution until they've walked through those processes themselves and dealt with the same pain points members face.
November 11
Total Expert -
Tom Marano, a former Bear Stearns banker, was apparently well compensated following the housing crisis for heading up ResCap and Ditech, both of which went into bankruptcy.
November 11















