The Consumer Financial Protection Bureau (CFPB) has initiated a process of reviewing computer models used to help determine home valuations to make sure they are accurate, fair, and unbiased. Whi...
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Visa launched a new program to invest in minority depository institutions (MDIs) with the goal of reducing economic disparities and expanding access in communities of color across the United States. ...
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U.S. Sen. Sheldon Whitehouse (D-RI) is calling on the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) to codify and strengthen the disclosure requirements for all-cash real estat...
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The Commodity Futures Trading Commission (CFTC) levied fraud charges against a hedge fund manager this week. The CFTC filed a civil enforcement action in the U.S. District Court for the Southern D...
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The Consumer Financial Protection Bureau (CFPB) has released a bulletin detailing student loan servicers must refrain from unlawful conduct regarding borrowers’ eligibility via the Public Service Lo...
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U.S. Rep. Bruce Westerman (R-AR) introduced a bill that would prohibit the Internal Revenue Service (IRS) from hiring additional tax enforcement personnel until all tax returns from the past two years...
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A group of lawmakers recently forwarded correspondence to IRS Commissioner Charles Rettig, encouraging the agency to address backlogs while enhancing customer service. U.S. Sens. Dianne Feinstein ...
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Three Republican congressmen introduced legislation that seeks to protect small banks and lenders from certain compliance standards. The Small LENDER Act (H.R. 6732) -- introduced by U.S. Reps. Fre...
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The Consumer Financial Protection Bureau (CFPB) recently announced a new public engagement and regulatory request revision process, which should prove universally beneficial. "Americans should be a...
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The Independent Community Bankers of America (ICBA) recently expressed its support of several bills that address the Consumer Financial Protection Bureau’s proposal to implement new data collection ...
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