Military borrowers typically have larger loans, make smaller down payments, and ultimately shoulder higher monthly costs in the car-lending market, the federal consumer financial protection agency said Wednesday. In a report, the Consumer Financial Protection […]
An updated list identifying dozens of specialty consumer reporting companies as well as the three nationwide firms – Equifax, TransUnion, and Experian – was released Thursday by the Consumer Financial Protection Bureau (CFPB), along with […]
Twin alerts on “Israeli Extremist Settler Violence Against Palestinians in the West Bank,” published last year, were rescinded Wednesday by the Treasury’s top financial crimes law enforcement unit, which effectively lessens reporting requirements on banks. […]
A long-time credit union industry insider is now the chief of staff for its federal regulator, the chairman of the agency’s board announced Wednesday. Sarah Bang was named to the position, which also carries the […]
A combined meeting Feb. 12 of the agency’s credit union and community bank advisory panels and a meeting Feb. 10 of its consumer advisory panel will both address consumer account access and “debanking concerns,” the […]
Re-examining the current budgeting process for the federal credit union regulator is the top priority of the agency’s new board chairman as outlined late Wednesday in a press release. Kyle S. Hauptman, a Republican appointee […]
All deposits of Pulaski Savings Bank of Chicago, Ill., were assumed by Millennium Bank of Des Plaines, Ill., under a purchase-and-assumption agreement entered into Friday by the federal bank deposit insurer to protect depositors, the […]
Argus Information and Advisory Services, a subsidiary of the nationwide consumer reporting agency TransUnion, has agreed in writing to not seek any government contract with the Consumer Financial Protection Bureau (CFPB) for three years, the […]
No new rules – “in any manner” – may be proposed or adopted by federal regulators, including those overseeing financial institutions until those rules are reviewed and approved by an agency head appointed or designated […]
True to the word of the now-acting board chairman, the federal bank deposit insurance agency Tuesday withdrew from an international regulators’ group promoting the “greening” of the financial system. In a brief (one paragraph, two-sentence) […]
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