Jun 12, 2019 | Federal Regulation, News
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) announced yesterday that it will hold its first symposium on June 25 in Washington, D.C. where discussion will focus on abusive acts or practices under the unfair, deceptive,...
Jun 6, 2019 | Federal Regulation, News
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) announced earlier today that it would extend the compliance date for the mandatory underwriting provisions (i.e. ability-to-repay standards) of the Small-Dollar Rule, also...
Jun 5, 2019 | Federal Regulation, News
← Previous Article Next Article → People submitted more complaints to the Consumer Financial Protection Bureau’s (CFPB) Consumer Complaint Database in 2018 than in any previous year, according to a report by the U.S. Public Interest Research Group (U.S....
Jun 4, 2019 | Federal Regulation, News
← Previous Article Next Article → Late last week, Jelena McWilliams, chairman of the Federal Deposit Insurance Corporation (FDIC) indicated that federal regulators would soon propose changes to the Community Reinvestment Act (CRA) and small-dollar lending...
May 31, 2019 | Federal Regulation, FinTech, News
← Previous Article Next Article → The Office of the Comptroller of the Currency (OCC) recently released their Semiannual Risk Perspective report. The report focuses on current issues that could pose a risk to bank safety and compliance in the future. A...
May 30, 2019 | Federal Regulation, News
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) published its Spring 2019 rulemaking agenda on May 22, 2019. The agenda mentioned significant regulatory matters that the CFPB intends to have under consideration from May 1,...