Jun 1, 2018 | News
← Previous Article Next Article → Several years of positive growth have been good for investors in fintech lending companies like Social Finance (SoFi), LendingClub, Prosper, and Avant. But after a wave of defaults across these platforms, investors have...
May 31, 2018 | News
← Previous Article Next Article → In a proposed rule issued last week by the National Credit Union Administration (NCUA) Board, federal credit union members could have more options for short-term, small-dollar borrowing. This comes on the heels of a bulletin...
May 30, 2018 | News
← Previous Article Next Article → In a speech this week to Women in Housing and Finance, a non-partisan, nonprofit forum for business and policy experts to share their views and insights, Acting CFPB Director Mick Mulvaney announced that the consumer...
May 29, 2018 | News
← Previous Article Next Article → Last week, the House passed a bill to weaken the Dodd-Frank banking regulations adopted in 2010, largely in response to the 2008 financial crisis. Two days later, President Trump signed the rollback into law. After the...
May 24, 2018 | News
← Previous Article Next Article → Yesterday, in a bulletin titled “Core Lending Principles for Short-Term, Small-Dollar Installment Lending,” the Office of the Comptroller of the Currency (OCC) announced a new policy on short-term, small-dollar loans, which...
May 23, 2018 | News
← Previous Article Next Article → On Monday, the United States Supreme Court ruled 7-2 with tribal interests in the Upper Skagit Indian Tribe v. Lundgren case, giving the Tribe a procedural victory by vacating and remanding the Supreme Court of Washington’s...
May 22, 2018 | News
← Previous Article Next Article → At the start of 2018, bank earnings are up 27.5 percent over the previous year, rising to $56 billion. The massive quarterly haul was driven in large part by higher operating revenue and a corporate tax rate that was lowered...
May 17, 2018 | News
← Previous Article Next Article → This week, Ann Kossachev, on behalf of the National Association of Federally-Insured Credit Unions, sent a letter to the Consumer Financial Protection Bureau outlining suggested changes to the Bureau’s enforcement processes....
May 17, 2018 | News
← Previous Article Next Article → Earlier this week, Idaho state Representative Paulette Jordan won the Democratic Primary to face Lt. Gov. Brad Little in November’s Idaho gubernatorial election. Jordan, a proud member of the Coeur d’Alene Tribe who...
May 16, 2018 | News
← Previous Article Next Article → GOP aides have told Politico that the House of Representatives will vote next Tuesday on the bank deregulation bill that passed the Senate in March. If passed, the measure would head to the President’s desk for signature.... 
