Several organizations have weighed in on the CFPB's proposed changes to prepaid card governance.
Consumer Financial Protection Bureau details incidents of “unscrupulous lenders” not honoring Electronic Fund Transfer Act.
Collingwood Group report cites the number of new regs and vague language as particularly troublesome.
Jim Nussle discusses a range of credit union issues with CFPB Director Richard Cordray.
Federal Reserve's OIG critical of supervision efficiency, HQ renovation and data security.
Read about CFPB collections scrutiny, outsourcing, retiree debt and more in this Focus Report.
Going outside the credit union's walls helps some get much-needed collection expertise.
How will the CFPB change debt collection practices?
Editorial commentary on current issues from CU Times' editorial staff and correspondents.
Bureau investigation finds some servicers divided payments to maximize late fees charged to borrowers.