Consumer Financial Protection Bureau (CFPB) officials said a report generated by the organization determined banks continue to rely heavily on overdraft and non-sufficient funds (NSF) revenue. NSF ...
Read MoreU.S. Reps. Ron Kind (D-WI) and Vern Buchanan (R-FL) recently introduced the Middle Class Mortgage Insurance Premium Act of 2021, which seeks to expand mortgage insurance premium payment eligibility an...
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Federal Reserve Board, along with the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency, announced new thresholds for exempting loans from special appraisal...
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U.S. Sen. Jacky Rosen (D-NV) is among a group of Senators urging members of the House and Senate Armed Services Committees to keep the Secure and Fair Enforcement (SAFE) Banking Act in the National De...
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The Consumer Bankers Association (CBA) will continue to oppose proposed legislation imposing a cap on interest rates, which it maintains would limit consumers’ credit access. The CBA has indicate...
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The Federal Housing Finance Agency (FHFA) House Price Index (HPI) determined third-quarter domestic house prices increased 18.5 percent from the same time frame from 2020 to 2021. Additionally, the...
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U.S. Reps. Maxine Waters (D-CA) and Bill Foster (D-IL) are urging federal financial regulators to ensure that advanced technologies like artificial intelligence (AI) do not create an algorithmic bias ...
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Republican leaders in the Minnesota House of Representatives are urging Gov. Tim Walz to provide relief for businesses from upcoming unemployment insurance payroll tax increases. Due to the unpre...
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A group of Democratic lawmakers, including Rep. Dan Kildee (D-MI), chief deputy whip of the House Democratic Caucus, are urging Congress to fully fund the U.S. Department of Housing and Urban Developm...
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Securities and Exchange Commission (SEC) officials have detailed a settlement agreement the agency has established with oilfield services company ProPetro Holding Corp. and its founder and former CEO ...
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