A consumer coalition voiced support to federal financial regulators attempts to prevent payday lenders from using the electronic check system to debit their customer's checking accounts for loan payments.
New report cites variances in liquidation, P&A losses, and from reporting offices within agency.
Trade group meets with new NCUA Board member to explain position on proposed CUSO rule changes.
WASHINGTON — Sen. Elizabeth Warren says regs may be needed anew on bundled mortgage-backed securities.
Group of groups call for regulator attention to payday lenders using automatic check debits.
Credit unions should train employees to look for triggers that would require disclosures and terms mandated by the Home Ownership and Equity Protection Act, said presenters Oct. 16 during a CUNA Mutual webinar.
CUNA Mutual webinar outlines disclosures and terms required by regulators.
Credit union witnesses will appear before panels to address CFPB reform and regulatory burden.
The Consumer Financial Protection Bureau's online complaint database should be expanded to include all of the nation’s credit unions and banks, regardless of size, according to National Community Reinvestment Coalition analysis released Oct. 8.
First the good news: The NCUA took some steps in the right direction this week when it announced reforms to its exam process. Chairman Debbie Matz’s letter to credit unions about the changes addressed complaints I’ve been hearing for quite a while.