Regulation and compliance
Regulation
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The first protection a consumer needs is the assurance that any new reforms will not inadvertently drive all regulated credit from the market.
March 23 -
The Consumer Financial Protection Bureau has implemented a new rule that broadens the ability of lenders in rural and underserved areas to originate qualified mortgages.
March 23 -
The Consumer Financial Protection Bureau faces a tough balancing act as it seeks to issues a proposal to rein in high-cost payday loans. A chief concern is what will replace payday lenders if federal regulations force many of them to shut down.
March 22 -
Military families and service members are submitting debt collection complaints at twice the rate of other consumers, the Consumer Financial Protection Bureau said Tuesday in a report.
March 22 - New York
Bank of New York Mellon has agreed to pay $3 million to settle an investigation into its handling last year of a major software system crash.
March 22 -
Treasury Secretary Jack Lew cast doubt Tuesday on whether recent moves by large nonbank firms to sell assets were driven by a desire to shed their regulatory label of "systemically important."
March 22 -
CU lobby emphasizes movement's commitment to keeping people in their homes but expresses concern about setting a 'dangerous precedent' with principal cuts.
March 22 -
The House passed a bill late Monday to extend foreclosure relief for military service members through the end of next year.
March 22 -
The sheer volume of regulations adds time and expense to closings without much benefit when consumers main interest is to get funds as quickly as possible.
March 22 -
The National Credit Union Administration (NCUA) issued a reminder to credit union service organizations (CUSOs) that they must register with the agency by March 31.
March 22 -
As commerce gets increasingly global, the differences in payment security from country to country become more apparent.
March 22 -
Federal financial regulators have instructed credit unions and banks to extend procedures for collecting customer identification information to certain holders of prepaid cards.
March 21 -
The Consumer Financial Protection Bureau faces a tough balancing act as it seeks to issues a proposal to rein in high-cost payday loans. A chief concern is what will replace payday lenders if federal regulations force many of them to shut down.
March 21 -
Some believe the capital markets need prudential regulation to protect the system from danger, but here's why that is a false assumption.
March 21 -
As servicers downsize their loss mitigation units, housing counselors are finding the companies' designated points of contact are less experienced, making it more difficult to get packages approved for troubled borrowers.
March 18 -
The Consumer Financial Protection Bureau claimed victory Friday in resolving a long-standing lawsuit against the bankrupt Nevada debt-relief company Morgan Drexen, which preemptively sued the agency in 2013.
March 18 -
Rep. Patrick McHenry, R-N.C., is readying a package of bills, one of which could provide financial tech firms with national standards, so that they wouldn't have to comply with the various state regulations.
March 18 -
Rep. Patrick McHenry, R-N.C., is readying a package of bills, one of which could provide financial tech firms with national standards, so that they wouldn't have to comply with the various state regulations.
March 18 -
House Financial Services Committee members asked CFPB Director Richard Cordray tough questions this week but they let their own theatrics trump substance, using their time to berate the CFPB chief rather than engaging in substantive discussion.
March 18 -
As one of the most antagonistic lobbying battles in Washington escalates -- where financial institutions like JPMorgan Chase and Visa are sparring with companies such as Walmart over credit card swipe fees -- a powerful ally is again sticking up for the retailers.
March 18



