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In an echo of the rescue deals of 2007 and 2008, New Residential's CEO framed the transaction as something undertaken to benefit the entire industry.
May 1 -
An industry-backed bill that is headed to the desk of Gov. Mary Fallin is seen by critics as an effort to minimize the impact of a potential CFPB crackdown.
April 28 -
The Conference of State Bank Supervisors has sued the OCC before the agency has finalized the requirements for a fintech charter, fueling speculation state regulators are trying to delay deployment or scare away potential applicants.
April 27 -
The Conference of State Bank Supervisors announced a raft of measures Tuesday designed to simplify multistate licensing and regulatory oversight for fintechs and other companies registered as money-services businesses.
April 18 -
Digital lenders have been partnering with banks to get around state-by-state usury caps, but that approach is facing tougher scrutiny.
April 5 -
An improved state-level system could be a tremendous advantage. Working closely with a cooperative regulator, innovators large and small can rapidly test a concept within state lines.
March 30FinTech Forge -
Ocwen Financial is a step closer to the day when it can resume purchases of mortgage servicing rights.
March 28 -
We need to continue the dialogue between state regulators and fintech firms on a broad range of important issues impacting this growing industry.
March 27Illinois Department of Financial and Professional Regulation -
The German lender says that the Justice Department closed a criminal inquiry into its currency-trading activities without action, but regulators are said to be in the final stages of their own reviews of that conduct to determine if any fines are in order.
March 21 -
Eleven senators sent a letter to Attorney General Jeff Sessions asking him not to enforce federal pot laws in states that have legalized marijuana.
March 2