Top headlines in today’s news …
Final rules requiring financial institutions to accept flood insurance policies that meet the statutory definition of “private flood insurance” – and to allow financial institutions to exercise their own discretion in accepting other plans, including […]
“Trouble during payment process” and “struggling to pay mortgage” were the leading complaints consumers had about mortgages between November 2016 and October 2018, the federal consumer financial protection agency said in a “snapshot” Tuesday – […]
A public research conference slated for July 9 will examine the transparency and effectiveness of the Federal Reserve Board’s stress testing framework and how stress tests can remain “a dynamic and useful tool of large […]
A shake-up of senior staff of the federal consumer financial protection agency was announced late Friday, as new Director Kathleen (“Kathy”) Kraninger took steps to make her own mark on the agency. The Consumer Financial […]
A 2018 review of large syndicated bank loans showed a decline in portfolio risk due to improving conditions in most sectors, but the dollar volume of loans rated lower than “pass,” as a percentage of […]
A settlement between Enova International, Inc., an online lender that extends unsecured payday and installment loans, and lines of credit based in Chicago, Ill., and the Consumer Financial Protection Bureau (CFPB) requires Enova to pay a […]
The comptroller of the currency, currently serving also as acting director of the Federal Housing Finance Agency (FHFA), faced questions Friday from the Democratic leaders of Senate and House committees overseeing his agency about his […]
Credit or consumer reporting and debt collection continue to be the most-complained-about consumer financial products or services reported by military servicemembers, according to a report released Thursday by the federal consumer financial protection agency. In […]
A broker allegedly offering high-interest credit to veterans has been permanently banned from (among other things) arranging agreements between veterans and third parties under which the veteran purports to sell a future right to an […]
Unedited “living wills” for 738 financial companies – including bank holding companies with $50 billion or more than in assets and nonbank financial companies designated for supervision – dating from to 2012 to the last […]
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