I’m going to share with you excerpts from a report that was sent to the Consumer Financial Protection Bureau explaining why it should practice an asset size-based exemption for its regulations. The executive summary opens:
NCUA's concerns about regulatory overkill at CFPB are eye opening.
Just like the 14,000 member credit unions it supports, the World Council of Credit Unions in Madison, Wis., must intermittently reevaluate its structure and programs in order to best meet the needs of those it serves.
Under a new leader, the World Council pursues new priorities. Get the story in this preview from next week's print edition.
Ad posting seeks employees to ferret out, help prosecute “investigative problems for which there are few, if any, established criteria.”
Agency publishes nearly 2,000 comments from individual consumers after seeking feedback.
Senator, representative send letters to CFPB, Education Department asking them to examine bank-affiliated student debit card practices.
All student loan borrowers are out to get an education, but for those who belong to credit unions, a different kind of schooling might be in store. Some credit unions say they’re placing an emphasis on educating their student loan recipients about the borrowing process, from application submission through repayment.
New agency is requesting information on the private student lending market from lenders, student loan servicers, the higher education community and the public to aid in its preparation of a new report to Congress.
Agency's executive director, David Marquis, testifies to House panel that adding underserved areas would address issue.