Representatives from two divisions of the federal consumer protection bureau are scheduled to testify July 12 during a Senate Banking Committee hearing, “An Overview of the Credit Bureaus and the Fair Credit Reporting Act.” Listed […]
Fourteen large banking firms received an extra year to file their living wills to allow more time for the federal banking agencies to provide feedback on the companies’ last submissions, and for the companies to […]
An analysis utilizing monthly consumer credit data shows the majority of student loan payoffs occur early and coincide with large payments and balance reductions on other student loans and revolving credit products, the Bureau of […]
The Federal Deposit Insurance Corp. (FDIC) on Friday announced an update to one chapter (IX-2.1) of its Compliance Examination Manual (CEM) regarding retail insurance sales. The update reflects changes to Part 343 of the FDIC […]
Louisville Metro Police Officers Credit Union of Louisville, Ky., became the third federally insured credit union of 2018 to be liquidated Friday, following actions earlier this year against credit unions in New Jersey and Illinois. […]
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