Sep 27, 2019 | Banks & Credit Unions, News
← Previous Article The National Credit Union Administration (NCUA) recently issued a new rule that provides credit unions more options to offer small-dollar loans to members.Currently, credit unions are able to offer small-dollar loans under the payday...
Sep 25, 2019 | Federal Regulation, News
← Previous Article Next Article → Last week, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) announced that they would host a joint workshop on December 10 to discuss issues that impact the accuracy of consumer credit...
Sep 25, 2019 | Federal Regulation, News
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB), under the leadership of Director Kathy Kraninger, announced “enhancements” that it will make to the controversial consumer complaint database with the purpose of improving it...
Sep 25, 2019 | Congressional Legislation, Federal Regulation, News
← Previous Article Next Article → Republicans on the House Financial Services Committee sent a letter earlier this week to Comptroller Joseph Otting, head of the Office of the Comptroller of the Currency (OCC), urging him to administratively fix “Madden.”As...
Sep 20, 2019 | Federal Regulation, News
← Previous Article Next Article → On September 10, the Consumer Financial Protection Bureau (CFPB) announced three new policies aimed at promoting innovation and facilitating compliance in financial services, including a No-Action Letter Policy, a Trial...
