Lending

Auto lending experts agree CFPB's actions against the captive finance companies could open up a window of opportunity for CUs, but they warn there could be some negative consequences, too.

Unhappy with the regulator's effort to pare back restrictions on CUs business loans, bankers have taken a page from the CU handbook, sending copious letters to NCUA about its proposed MBL rule.

CUs traditionally have reserved big auto loan promotions for June, July and August, but historical car sales data suggests such a seasonal approach means CUs could be leaving money on the table.

Retailers' repeated efforts to get courts to reject two class-action settlements get boosted by news that attorneys were exchanging confidential client documents throughout the negotiations.

Should credit unions be happy or worried about how CFPB has gone after the auto manufacturer's finance units? The answer: both.

Even though Congress adds nearly $5 billion in additional funding to the Small Business Administration's flagship lending program, the problem isn’t solved yet.

A Senate bill passed late Thursday provides additional funding but it also requires enhanced reporting on lending and credit quality from SBA. The measure is headed to the House.

Credit union executives and stakeholders sound off on everything from NCUA wanting oversight of third-party vendors, auto loan growth, differentiation and more.

The Consumer Financial Protection Bureau has issued its final rule for the "Know Before You Owe" mortgage disclosure rule, which is also known as TILA-RESPA or TRID.