<span class="vcard">Amanda Tuckey</span>
FHFA To Provide More Opportunities for Public to Engage on Credit Score Models
The Federal Housing Finance Agency (FHFA) is rolling out more opportunities for the public to engage with it on the transition to updated credit score models and credit report requirements...
Sept. 15: CFPB Updates This Week
PUBLISHED SEP 14, 2023 CFPB Report Finds College Tuition Payment Plans Can Put Student Borrowers at Risk The Consumer Financial Protection Bureau (CFPB) issued a new report finding that students face...
How banks and credit unions are serving the growing Latino market
Some banks and credit unions once served the Latino market primarily to pacify regulators or to show support for the communities in which they operate. But as the Latino population...
2023 Pierre Jay Winners Announced
The National Association of State Credit Union Supervisors (NASCUS) proudly announced during the 58th Annual NASCUS State System Summit (S3) that Rose Conner, Former North Carolina Credit Union Division Administrator,...
Social Media Shopping Blocked By a Lack of Trust
Shopping over social media seems to be the next frontier of eCommerce spend, with 43% of consumers (approximately 110 million individuals) browsing these platforms to find goods and services. However,...
BPI and ABA to Regulators: Capital Increases, Court Uncertainty Could Complicate Banks’ CRA Programs
Mortgage and small business lending – lines of business central to CRA – are subject to major legal and regulatory policy changes August 22, 2023 — Two recent policy developments...
Aug. 25: CFPB Updates This Week
CFPB Sues Installment Lending Conglomerate for Illegally Churning Loans to Harvest Hundreds of Millions in Loan Costs and Fees PUBLISHED AUG 22, 2023 A CURO Group Holdings Company, Heights Finance, formerly...
Aug. 18: CFPB Updates This Week
PUBLISHED AUG 17, 2023 The CFPB updated the Filing Instructions Guide for Small Business Lending Data. The updates include the following: Reordering certain demographic information codes to better correlate with Home...
FDIC Publishes 2023 Risk Review
August 14, 2023 — The Federal Deposit Insurance Corporation (FDIC) today published its 2023 Risk Review. The report summarizes conditions in the U.S. economy, financial markets, and banking industry. The...
No Successor Named as Hood’s Term Comes to a Close
August 15, 2023 — As NCUA board member Rodney Hood’s term comes to a close this month, and with a Democrat expected to take his place, eyes turn to the...
U.S. Authorities Release Joint Guidance on Voluntary Self-Disclosure of Potential Sanctions and Export Control Violations
Notice Also Stresses New BSA Whistleblower Provisions On July 26, the Department of Commerce, the Department of the Treasury, and the Department of Justice released a joint compliance notice (the “Compliance Notice”)...
Two Large Minnesota Credit Unions Announce Plan to Merge
Two well-known Minnesota credit unions are planning a merger that would make them the fourth-largest credit union in the state. Leaders of Spire Credit Union and Hiway Credit Union said...