Regulatory & Compliance

NCUA Chairman does place some of the blame on credit unions that had a high concentration of taxi loans.

At the same time, the panel defeats an amendment that would have placed the CFPB under the appropriations process.

A source tells CU Times the new defense bill will allow banks to receive the same rent-free perks as CUs on military bases.

ICBA's leader says community bank purchases illustrate "how far credit unions have strayed from the original purpose underlying their tax exemption."

The proposed rule would allow debt collectors to send unlimited text messages and emails without receiving consent from a consumer.

According to the agency, the delay was needed as the bureau decides whether to rescind those underwriting rules.