A regulatory environment that allows for expanding credit with protection from discrimination in credit transactions is the stated aim of a “request for information” (RFI) from the consumer financial protection agency, announced Tuesday. In a […]
About 5% of complaints received by the federal consumer financial protection agency since the year began specifically referenced coronavirus, the director of the agency told a Senate panel Wednesday. Consumer Financial Protection Bureau (CFPB) Director […]
A webinar for credit unions, “Export Financing for Your Small Business Members,” will be hosted Aug. 19 by the National Credit Union Administration (NCUA) and feature Export-Import Bank staff providing a look at the bank’s […]
An interim final rule detailing how mortgage servicers can provide COVID-19-related forbearance based on their evaluation of limited information collected from a borrower – and which took effect July 1 – is outlined in a […]
Purchasing a $318,000 Italian sports car with money obtained through a federal program meant to help businesses through the coronavirus crisis is strongly frowned upon, a Florida man learned Monday when he was charged with […]
Dec. 31 is the new deadline date for special lending facilities set up to deal with the financial impact of the coronavirus crisis, the Federal Reserve said Tuesday. The facilities were originally scheduled to wrap […]
A Washington state technology executive was taken into custody last week and charged with fraudulently seeking more than $5.5 million in Paycheck Protection Program (PPP) loans and laundering the proceeds, according to a release circulated […]
The federal panel that oversees state real estate appraisal programs is set to meet virtually in open session Wednesday to consider a request to extend for two years a commercial real estate (CRE) appraisal waiver […]
Consumer-authorized access to financial records will be the focus of a proposed new rule by the consumer financial protection agency later this year, with an aim of helping the agency understand and address “competing perspectives,” […]
A proposed rule from 2016 on the orderly liquidation of certain brokers or dealers in the event the Federal Deposit Insurance Corp. (FDIC) is appointed receiver under Title II of the Dodd-Frank Wall Street Reform and […]
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