A set of “top 10” provisions from banking regulators’ proposal to modernize Community Reinvestment Act rules for banks was highlighted Monday by the top federal bank deposit insurance official before a community reinvestment group’s meeting […]
Problems with coercive credit reporting and false medical bill collections – including billing inaccuracies and aggressive debt collector tactics to recover allegedly unpaid medical bills – are cited by military service members, their families, and […]
The Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Economic Inclusion is set to to hold a public meeting from 1-5 p.m. ET on June 28, according to a notice in Monday’s Federal Register. At […]
Mutual savings associations, and their health and viability, are the subject of a June 27 meeting of the committee on the institutions, sponsored by the federal regulator of national banks. Mutual savings associations, and their […]
Communicating the appropriate use of alternative data in the underwriting process with banks that engage in third-party relationships with fintech lenders is one of three recommendations from the congressional watchdog that the Federal Reserve that […]
Practices and financial products that may leave workers indebted to their employers is the focus of an inquiry launched Thursday by the Consumer Financial Protection Bureau (CFPB). In a request for information (RFI), the bureau […]
An operator of a California-based student loan debt relief firm would be banned from the industry after allegedly withdrawing more than $240,000 from student loan borrowers’ accounts without their authorization, the federal consumer financial protection […]
The proposed, new rules implementing anti-redlining laws offer banks incentives to invest in and support minority depository institutions (MDIs) and community development financial institutions (CDFIs), the leader of the national regulator of banks said Thursday. […]
The Senate confirmed the chairman of the board of the federal credit union regulator for a new term in office, ending in 2027, on a bipartisan vote of 59-40 Wednesday. National Credit Union Administration (NCUA) […]
The nominee for Federal Reserve vice chair for supervision took an important step Wednesday to being confirmed after a Senate committee recommended him to the full body to take the seat. The Senate Banking Committee […]
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