Feb. 23 is the public comment deadline on a proposed rule to permit more flexibility for credit unions to use “advanced technologies and opportunities” in lending that is offered through financial technology (fintech) firms, according […]
Providing additional flexibility for credit unions to use “advanced technologies and opportunities” in lending that is offered through financial technology (fintech) firms is the stated goal of a proposed rule issued Thursday by the federal […]
Legislation removing 2013 guidance issued by the federal consumer financial protection agency – which was later deemed a “rule” by a congressional watchdog agency – was signed into law Monday by President Donald Trump in […]
Senators voted 51-47 Wednesday to disapprove a rule – adopted five years ago as guidance – outlining indirect auto lenders’ compliance with fair lending requirements, including caps on interest rates. The bill now heads to […]
The Senate was poised Tuesday to disapprove a five-year-old action by the federal consumer financial protection agency outlining indirect auto lenders’ compliance with fair lending requirements, including caps on interest rates. Senators voted along party […]
A 2013 bulletin about auto lending and compliance with federal credit reporting laws issued by the Consumer Financial Protection Bureau (CFPB) is a general statement of policy and a rule subject the Congressional Review Act (CRA), […]
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