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What's up
  • [ March 19, 2026 ] Agencies release three proposals that will result in lower capital for nation’s banks, claiming ‘framework will be improved’ FDIC
  • [ March 19, 2026 ] Registration open for OCC workshops for community bank directors, senior management OCC
  • [ March 18, 2026 ] Banker earns prohibition after alleged absconding with customer’s money, depositing funds into her own account OCC
  • [ March 17, 2026 ] Board appeal discussed at closed NCUA Board meeting NCUA
  • [ March 17, 2026 ] Memo: Top NCUA management, performance challenges for 2026 include balance sheet management, agency realigment NCUA
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Telemarketing Sales Rule

CFPB

CFPB, 7 state AGs sue firm that allegedly collected more than $100 million from consumers in illegal, up-front fees for debt relief services

January 19, 2024 0

A firm called Strategic Financial Solutions (SFS), its shell companies and two key architects of a scheme that amassed the firms allegedly more than $100 million in illegal advance fees from consumers are being sued […]

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CFPB

Software firm faces lawsuit for allegedly helping credit repair companies charge illegal fees

September 20, 2021 0

A California-based software company that helps credit repair businesses allegedly charge illegal fees now faces a lawsuit from the federal consumer financial protection agency for harming consumers and violating federal telemarketing sales rules, the agency […]

CFPB

CFPB seeks $5.4 million in consumer redress, $1 fine from MA debt settlement firm

May 17, 2021 0

A debt collection firm in Massachusetts would be required to pay $5.4 million in consumer redress and a $1 civil money penalty under a settlement proposed Monday by the Consumer Financial Protection Bureau (CFPB). The […]

CFPB

Debt settlement firm said to have steered customers to affiliates would pay $1.4 million under proposed deal with CFPB

April 13, 2021 0

A California-based, online debt settlement company would pay $646,000 in redress to consumers and a $750,000 civil money penalty related to allegations the firm violated the Consumer Financial Protection Act and the Telemarketing Sales Rule […]

CFPB

Bureau files against debt-relief and debt-settlement firms, owner; alleges illegal advance fees, deceptive tactics

November 6, 2020 0

A complaint against a debt-relief firm, debt-settlement firm, and the owner of both was filed Thursday by the Consumer Financial Protection Bureau (CFPB), which alleges one of the firms and the owner charged illegal advance […]

CFPB

Consumer bureau sues Monster Loans, student loan debt-relief operators over fair credit reporting violations, illegal fees

January 9, 2020 0

Several firms and individuals involved in offering student loan debt-relief services were sued Thursday by the Consumer Financial Protection Bureau (CFPB), which claims the parties illegally obtained consumer reports, charged at least $15 million in […]

Today

  • Agencies release three proposals that will result in lower capital for nation’s banks, claiming ‘framework will be improved’

    March 19, 2026 0
    Three proposals to essentially lower the regulatory capital requirements “for banks of all sizes” was released Thursday by the federal banking agencies. According to the Office of the Comptroller of the Currency (OCC), the proposals “would improve the calculation of [...]
  • Registration open for OCC workshops for community bank directors, senior management

    March 19, 2026 0
    A series of six in-person, full-day workshops for board directors and senior management of national community banks and federal savings associations is being offered by the national bank regulator in 2026, the agency said Thursday. Thursday’s news release appears to [...]
  • Board appeal discussed at closed NCUA Board meeting

    March 17, 2026 0
    The federal credit union regulator’s board – which consists solely of its chairman, Kyle Hauptman – held a closed meeting Tuesday on what was listed as a board appeal, according to information on the agency’s website. The National Credit Union [...]
  • Memo: Top NCUA management, performance challenges for 2026 include balance sheet management, agency realigment

    March 17, 2026 0
    A February memorandum counts balance sheet management, “redefinining” regulatory and supervisory approaches, and agency realignment following a 23% reduction in staff among the top management and performance challenges for the National Credit Union Administration (NCUA) in 2026. The memorandum, posted [...]
  • Fed sets open meeting on capital requirements, G-SIB surcharge

    March 16, 2026 0
    Proposals to revise capital rules for global, systemically important banking organizations (G-SIBs) and others are the discussion item for Thursday’s open meeting of the Federal Reserve Board, according to published notices. The Fed, in the notices, says the proposals are [...]
  • Proposed capital rules to be considered by FDIC Board at meeting next week

    March 13, 2026 0
    Proposed capital rules are on the agenda for the board of the federal bank deposit insurance agency, with a meeting set for Thursday (March 19), the agency said Friday. The Federal Deposit Insurance Corp. (FDIC) said its board would consider [...]

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