Total assets in federally insured credit unions rose by 4.4 percent in the first quarter, according to the National Credit Union Administration (NCUA). The NCUA’s Quarterly Credit Union Data Sum...
Read More
The Commodity Futures Trading Commission advanced two recommendations on the impacts of proposed U.S. bank capital requirements and liquidity management for derivatives. The recommendations were ma...
Read More
The Federal Deposit Insurance Corporation (FDIC) issued a report on a program offered by the Internal Revenue Service (IRS) to help unbanked Americans. Specifically, the report examines the role th...
Read More
The Consumer Financial Protection Bureau (CFPB) finalized a rule to establish a registry of corporate offenders that have broken consumer laws or are subject to government or court orders. When a f...
Read More
The June 2024 ICE Mortgage Monitor Report shows that annual home price increases slowed a bit in April. This marks the second consecutive month of pullbacks, according to the report, which is prod...
Read More
The Securities and Exchange Commission settled charges against investment advisory firm, Mass Ave Global. The proceedings against Mass Ave Global and its co-founder and CEO Winston M. Feng were for...
Read More
On Friday, the Consumer Financial Protection Bureau (CFPB) announced it had filed a lawsuit against Pennsylvania Higher Education Assistance Agency (PHEAA) for illegally pursuing borrowers whose loans...
Read More
On Thursday, a report from Deloitte said Artificial Intelligence (AI) and climate change would have a significant impact on the financial services industry over the next three to five years. Accor...
Read More
The Internal Revenue Service is going to make Direct File a permanent option for filing federal tax returns starting in the 2025 tax season. Further, the IRS is exploring ways to expand Direct File...
Read More
The Consumer Financial Protection Bureau (CFPB) has initiated a public inquiry into junk fees found in mortgage closing costs. The CFPB is seeking to find out why closing costs are increasing, who...
Read More