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  • [ January 16, 2026 ] ‘Operational constraints’ cause CFPB to discontinue email announcements about HMDA changes CFPB
  • [ January 16, 2026 ] FDIC Board to consider changes to MSDs at Jan. 22 meeting FDIC
  • [ January 16, 2026 ] NCUA Board meets Jan. 22 for briefings on CLF budget, proposed rule on dependent-care cost reimbursement NCUA
  • [ January 15, 2026 ] Banker prohibited after charges of embezzling more than $800k to allegedly cover foreign exchange bets OCC
  • [ January 15, 2026 ] Former Texas loan officer banned after allegations of mortgage fraud of at least $1.7 million The Fed
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CFPB

Charges of deceptive marketing over membership credit card leveled against firm, CEO

September 16, 2024 0

Charges of deceptive marketing aimed at allegedly luring customers to pay illegal and excessive membership fees – and make it “unreasonably difficult for consumers to cancel memberships and obtain refunds – are part of a […]

FDIC

Banks’ net income up 79.5% from Q4 2023; CRE, credit cards deteriorate further

May 29, 2024 0

A mixed bag of results from federally insured banks’ first-quarter all reports included a strong rise in overall net income, overall good asset quality, but ongoing deterioration in commercial real estate (CRE) and credit card […]

No Picture
CFPB

Bureau proposes more participants, data in yearly survey of credit card issuers

August 24, 2022 0

An expansion of the types of companies represented and in the data collected in its yearly survey of credit-card issuers has been issued by the federal consumer financial protection agency with a public comment deadline […]

CFPB

CFPB: Credit card debt dropped, digital engagement rose during pandemic; bureau looking to issuers for continued service improvements

September 29, 2021 0

Growth in the consumer credit card market in recent years reversed itself in 2020, with credit card debt falling to $811 billion by the second quarter of 2020 from a 2019 peak of $926 billion […]

CFPB

Firms win ‘sandbox’ licenses for dual-feature credit cards, advances on unpaid wages

January 5, 2021 0

A “dual-feature credit card” and a program allowing employees access to their earned but unpaid wages prior to payday got the green light Dec. 30 for limited time under two “compliance assistance sandbox” (CAS) approval […]

CFPB

UPDATED: CFPB to begin review of CARD Act, focusing on small-entity and card market impacts

August 25, 2020 0

A two-part review of rules implementing the 2009 law addressing credit card consumer protections, including whether any of those rules should be revised, rescinded or continued without change, is planned by the Consumer Financial Protection […]

CFPB

15% of credit card holders who revolve balances do so for 2 years or more, bureau ‘Data Point’ report shows

July 3, 2019 0

Two-thirds of actively used credit card accounts carry a revolving balance, with balances revolved continuously for about 10 months, according to a “Data Point” report issued by the research unit of the Consumer Financial Protection […]

CFPB

Link between credit scores and when consumers apply for credit cards examined in bureau report

May 30, 2019 0

Consumers’ credit-card application rates drop sharply as consumers reach their minimum credit scores but trend “steadily upward” after they hit bottom, according to a report Thursday from the federal consumer financial protection agency. Additionally, the […]

CFPB

Expansive jewelry retailer agrees to $11 million in fines from consumer agency, NY state

January 16, 2019 0

An Ohio-based jewelry retailer – which includes among its name brands some of the most well-known stores across the nation – has agreed to a $10 million civil money penalty to federal authorities and a […]

Today

  • ‘Operational constraints’ cause CFPB to discontinue email announcements about HMDA changes

    January 16, 2026 0
    Citing “operational constraints,” the federal consumer financial protection agency Friday said it would discontinue as of Jan. 20 an email service alerting users of changes to Home Mortgage Disclosure Amendment (HMDA) requirements, the agency said. The Consumer Financial Protection Bureau [...]
  • FDIC Board to consider changes to MSDs at Jan. 22 meeting

    January 16, 2026 0
    Changes to guidelines for appeals of material supervisory determinations (MSDs) will be under consideration by the board of the federal bank deposit insurance agency when it meets Jan. 22, the agency said late Thursday. The Federal Deposit Insurance Corp. (FDIC) [...]
  • NCUA Board meets Jan. 22 for briefings on CLF budget, proposed rule on dependent-care cost reimbursement

    January 16, 2026 0
    Briefings on the 2026-27 budget of the agency’s Central Liquidity Facility (CLF) for credit unions and on a proposed rule on reimbursement of dependent-care expenses are the two items slated for the Jan. 22 open meeting of the National Credit [...]
  • Banker prohibited after charges of embezzling more than $800k to allegedly cover foreign exchange bets

    January 15, 2026 0
    A Union City, Calif., banker – alleged to have embezzled more than $800,000 from a Wells Fargo Bank branch over about eight months to cover bets on foreign exchange — has been prohibited from further service in federally insured financial [...]
  • Former Texas loan officer banned after allegations of mortgage fraud of at least $1.7 million

    January 15, 2026 0
    A former loan officer of a mortgage lender owned by a Texas bank holding company is now banned from working in a federally insured financial institution for allegedly originating fraudulent mortgage loans of at least $1.7 million, the Federal Reserve [...]
  • NCUA highlights risk-focused exams, lending, more in 2026 supervisory priorities letter

    January 15, 2026 0
    With a release reiterating the agency’s stance of “no regulation by enforcement,” the federal credit union regulator this week issued its 2026 supervisory priorities, addressing areas such as credit unions’ balance sheet management, rate sensitivity, payments system risks and more. [...]

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