CFPB

• CFPB Reproves Overdraft Charges at Credit Unions

  By Heather Anderson  |  June 19, 2013

  A long-awaited overdraft report, released June 11, featured some unflattering statistics related to credit union overdraft income.

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  Financial Nannies Are Convinced They Know Best: Editor/Publisher's Column

  By Sarah Snell Cooke  |  June 19, 2013

  You can regulate the money out of the business, but you can’t regulate the personal responsibility out of the consumer. No matter what Washington does to keep credit unions and other lenders from taking advantage of the less well-educated, the desperate and the elderly, ultimately consumers have to take responsibility...

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  Onsite Coverage: CU Exec Says Products, Not Underwriting, Caused Mortgage Meltdown

  By Heather Anderson  |  June 18, 2013

  WASHINGTON — Alaska USA FCU's chief lending officer talks CFPB qualified mortgage rule fears with House panel.

• Alaska USA Executive Tapped to Testify Against QM Rule

  By Heather Anderson  |  June 17, 2013

  Lending officer to tell House panel on Tuesday that CFPB qualified mortgage rule severely restrict lending.

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  Financial Nannies Are Convinced They Know Best: Editor/Publisher's Column

  By Sarah Snell Cooke  |  June 14, 2013

  Consumer advocate's push against credit union short-term lenders hurting those they think they're protecting.

• CFPB Overdraft Report Criticizes Credit Union Income and Practices

  By Heather Anderson  |  June 11, 2013

  According to the report, while bank and thrift service charges on deposit accounts have declined since 2008, credit union fee income has increased by 15%.

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  Ohio Senator Brown Urges Cordray to Rein in Debt Collectors

  By Heather Anderson  |  June 5, 2013

  Letter sent in advance of Thursday's CFPB roundtable with Federal Trade Commission.

• CFPB CU Advisory Council Planning Wednesday Tel-Con

  By Heather Anderson  |  June 4, 2013

  Qualified mortgage rule changes, payday lending review on agenda for 15-member panel's conference call.

• CFPB Adds Remittance Complaints to Online Database

  By Heather Anderson  |  May 31, 2013

  Credit reporting agencies and the ability to filter complaints by state also added to bureau offering.

• Amended Final QM Rule Gives New Exemptions to Small Lenders

  By Heather Anderson  |  May 29, 2013

  CFPB on Wednesday issued an amended final qualified mortgage rule that provides new exemptions for small lenders.