CFPB files lawsuit against student lender

By Melina Druga   |   October 21, 2024   |   Federal

The Consumer Financial Protection Bureau (CFPB) recently filed a lawsuit against Climb Credit, a student lender, 1/0 Capital, its largest shareholder, and 1/0 Holdco, its controlling investor, for mis...

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FDIC on track to restore Deposit Insurance Fund

By Dave Kovaleski   |   October 21, 2024   |   Federal

The Federal Deposit Insurance Corporation (FDIC) released its latest update on the Restoration Plan for the agency’s Deposit Insurance Fund (DIF). In the semiannual update, the FDIC projects that t...

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