Erroneous information in tenant background checks is leading to higher costs and barriers to quality rental housing, the Consumer Financial Protection Bureau (CFPB) said in issuing a market report and a consumer “snapshot” focusing on […]
The federal agency that regulates credit unions on Tuesday closed two small West Virginia credit unions following about a five-week conservatorship for each. The National Credit Union Administration (NCUA) said it liquidated O.F. Toalston Federal […]
Changes to clarify what will be disclosed to the public when the Consumer Financial Protection Bureau (CFPB) designates a nonbank entity for supervision, and more time for such entity to weigh in on such disclosure, […]
How close the National Credit Union Share Insurance Fund (NCUSIF) is to achieving a staff-projected, year-end equity ratio of 1.3% may be revealed Thursday during the National Credit Union Administration (NCUA) Board open meeting, which […]
National banks, federal savings associations, and federal branches and agencies of foreign banks were permitted to close offices in areas affected by Tropical Storm Nicole in Florida, Georgia, North Carolina, and South Carolina, the national […]
A complaint bulletin that highlights consumer complaints and discusses fraud risks related to crypto-assets was issued Thursday by the Consumer Financial Protection Bureau (CFPB). “Our analysis of consumer complaints suggests that bad actors are leveraging […]
Inadequate investigatory practices of consumer credit reporting companies and information furnishers in dealing with consumer reporting disputes could draw state or federal law enforcement action under the Fair Credit Reporting Act (FCRA), the Consumer Financial […]
A new federally chartered credit union – New York Episcopal Federal Credit Union in the Bronx, N.Y. – is set to begin operations in early 2023, the National Credit Union Administration (NCUA) said Thursday. The […]
While pointing to a continued tightening in financial conditions, the Federal Reserve’s November financial stability report said that domestic banks maintained high levels of liquid assets and stable funding over the last six months. The […]
Two questions about large technology firms’ penalty practices and acceptable use policies are out for comment until Dec. 7 as part of the consumer financial protection agency’s inquiry launched in October 2021. The Consumer Financial […]
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