Information released by the Treasury Department found banks and fintechs loaned nearly $500 billion.
Read More »Supreme Court Rules on TCPA, Robocalls
The Supreme Court invalidated a 2015 amendment to the Telephone Consumer Protection Act, ruling it violated the first amendment.
Read More »Study: Fewer Loans to Be Assessed Under Revised CRA Rule
Legislation has already been introduced to reverse the new CRA rule created by the OCC as researchers express their own concerns with the rule.
Read More »Reshaping Debt Collection
The CFPB plans to propose new regulations this fall in response to the COVID-19 pandemic.
Read More »Fed Chair Discusses Administering Additional Stress Tests
Federal Reserve Chairman Jerome Powell talks about administering additional stress tests in response to the pandemic but assures members of the House the goal is not to raise capital requirements.
Read More »Ginnie Mae Announces Borrower Relief Options
New guidelines put in place to handle loans that are in delinquent. Click through to read more.
Read More »Two Congressional Bills Aim to Prevent Mass Evictions
Legislation introduced in the House and Senate aims to expand aid to struggling renters during the pandemic.
Read More »Legislation to Reverse CRA Changes Approved by House
Financial Services Committee Chairwoman Maxine Waters said the OCC’s rule would impact low-income and minority communities.
Read More »Federal Agencies Propose Clarifications to Flood Insurance Rules
Five federal agencies aim to organize and clarify flood insurance requirements for lenders, servicers, and policyholders.
Read More »Industry Reacts to Supreme Court’s CFPB Ruling
The Supreme Court ruled that the Bureau’s single-director configuration was “incompatible” with the structure of the constitution.
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