Sep 7, 2020 | Federal Regulation, News
CFPB Report Examines Early Impact of Pandemic on Consumer Credit Last month, the Consumer Financial Protection Bureau (CFPB) issued a report analyzing the early effects of the coronavirus pandemic on consumer credit. Focusing on mortgage, auto and student loans, and...
Sep 4, 2020 | FinTech, News
More States Establishing Regulatory Sandboxes for Fintechs Regulatory sandboxes are increasingly being used across the United States as a way to foster innovation, as they provide opportunities for companies to test new products or offerings before going through the...
Sep 2, 2020 | Congressional Legislation, News
House Financial Services Committee to Hold Seven Hearings in September This month, the House Financial Services Committee (HFSC) will hold seven virtual and hybrid hearings on a range of topics, including financial regulatory accountability and the economic response...
Aug 31, 2020 | Congressional Legislation, News
Sens. Udall and Cantwell Lead Senators in Pressing for Accurate 2020 Census Count for Native Communities Senators Tom Udall (D-N.M.) and Maria Cantwell (D-Wash.) recently joined 18 of their Senate Democratic colleagues in pushing the U.S. Department of Commerce and...
Aug 28, 2020 | Federal Regulation, Financial Literacy, News
CFPB Report Examines How Servicemembers Build Credit Histories Last month, the Consumer Financial Protection Bureau (CFPB) released a report showing how credit records progress with military service for active duty servicemembers aged 18 through 24. It analyzes...
Aug 26, 2020 | News, Online Lending
Online Lenders and Colorado AG Announce Settlement in Bank Partnerships Suit A new settlement between Colorado authorities, two online lending companies, and the lenders’ bank partners provides for a legal safe harbor in the state if the lenders abide by new...