Jul 7, 2017 | News
Beginning July 1st, the big three credit reporting bureaus, Experian, Equifax, and Transunion, will no longer rely on certain public records, like civil judgments and tax liens, in calculating credit scores without first independently confirming the identity of the...
Jul 7, 2017 | News
As required under the Dodd-Frank Act, the Federal Reserve conducted its regular stress tests of major American banks and released the results late last month. Banks that hold more than $50 billion in assets are mandated to submit to a series of hypothetical tests to...
Jun 27, 2017 | News
NAFSA staff are in Wisconsin this week attending the LDF Tribal Lending Summit. NAFSA Executive Director Gary Davis will give an update, and staff are represented on panels for banking, marketing, and legal issues. This is the fourth lending summit hosted by the Lac...
Jun 23, 2017 | News
Earlier this week, Senator Elizabeth Warren (D- MA) called for the entire Board of Directors at Wells Fargo to be fired. This is not the first time the Massachusetts senator has demanded a change in leadership at the beleaguered bank. In fact, even when their CEO John...
Jun 21, 2017 | News
The Georgia Court of Appeals issued an opinion on June 19th regarding a contract dispute and arbitration judgment against a tribal lending entity (TLE) initiated by a former service provider. The Georgia state court vacated the arbitration award against the TLE and...