New Venture Capital Fund to Target Fintechs Working with Banks
New Venture Capital Fund to Target Fintechs Working with Banks Earlier today, Gene Ludwig, who served as Comptroller of the Currency under President Clinton from 2993 to 1998, and Chip Mahan, CEO of Live Oak Bancshares, announced a $545 million investment fund which...
CFPB Convenes Summit Focused on Increased Savings
CFPB Convenes Summit Focused on Increased Savings Earlier this month, the Consumer Financial Protection Bureau (CFPB) hosted a summit intended to discuss how to implement successful savings programs for consumers. Participants at the event included credit unions,...
CUNA Pushes For Commission-Led CFPB in Brief with Supreme Court
CUNA Pushes For Commission-Led CFPB in Brief with Supreme Court As the U.S. Supreme Court prepares to hear a landmark case (Seila Law v. CFPB) determining whether the structure of the Consumer Financial Protection Bureau (CFPB) is permissible under the Constitution,... CFPB Issues 2019 Financial Literacy Report
CFPB Issues 2019 Financial Literacy Report Last month, the Consumer Financial Protection Bureau (CFPB) issued its Financial Literacy Annual Report for fiscal year 2019, which is part of the Dodd-Frank Act’s requirements that the agency report on its work to provide...
California Governor Gavin Newsom Announces Plans to Create State Consumer Financial Protection Agency
California Governor Gavin Newsom Announces Plans to Create State Consumer Financial Protection Agency Last week, while releasing his budget proposal for the state, California Governor Gavin Newsom revealed plans to establish a powerful state agency modeled after the...
Revenues from Tribal Lending Enterprise and Investments into Economic Enterprises Lead Lac Vieux Desert to Historic Milestone: Payment in Full of Casino Debt
Revenues from Tribal Lending Enterprise and Investments into Economic Enterprises Lead Lac Vieux Desert to Historic Milestone: Payment in Full of Casino Debt Recently, the Lac Vieux Desert Band of Lake Superior Chippewa Indians (LVD) announced that the Tribe had paid...
Progressive Groups Demand Kavanaugh’s Recusal When SCOTUS Hears CFPB Constitutionality Case
Progressive Groups Demand Kavanaugh’s Recusal When SCOTUS Hears CFPB Constitutionality Case With the constitutionality of the Consumer Financial Protection Bureau (CFPB) soon to be argued before the United States Supreme Court, a group of progressive...
CFPB Issues Report on Mortgage Servicers, Exploring the Role Servicers of Different Sizes Play in the Mortgage Market
The Consumer Financial Protection Bureau (CFPB) recently released a report examining the differences between large and small mortgage servicers and exploring the role that servicers of different sizes play in the mortgage market where size is defined by the number of...
