Consumer lending
- Mar- 2021 -15 MarchBanking
Strike the right balance in regulating small-dollar lending
As the Biden Administration ushers its cabinet nominees through the Senate confirmation process, pundits of all stripes are offering predictions…
Read More » - 10 MarchBanking
Regional banks wonder: When’s the right time to release loss reserves?
Regional banks remain cautious about releasing loan-loss reserves, even as some of their counterparts have already started to trim allowances…
Read More » - 10 MarchBanking
Huntington’s Harmening set to take helm at Associated
Associated Banc-Corp in Green Bay, Wis., has lined up its next CEO. The $33 billion-asset company said in a press…
Read More » - 4 MarchBanking
The surprisingly good times for auto lenders will end. But when?
A global microchip shortage is bad news for carmakers but a potential boon for auto lenders, which have largely benefited…
Read More » - Feb- 2021 -24 FebruaryBanking
States failed to fulfill consumer protection promise in Trump era
In late 2017, after Mick Mulvaney was tapped to lead the Consumer Financial Protection Bureau, the Democratic attorneys general in…
Read More » - 23 FebruaryBanking
CFPB will delay QM rule’s compliance date
The Consumer Financial Protection Bureau plans to delay the compliance date of the Qualified Mortgage rule and may revoke or…
Read More » - 11 FebruaryBanking
OppFi is the latest fintech to go public via SPAC
Opportunity Financial, a fintech that partners with banks to offer loans to consumers with low credit scores, is going public.…
Read More » - Jan- 2021 -29 JanuaryBanking
Synchrony forecasts higher loan volumes, weaker credit in second half
Synchrony Financial said that it expects credit card loan volumes and bad credits to rise in the second half of…
Read More » - 28 JanuaryBanking
New CFPB boss vows to get tough on military lending, pandemic relief laws
The Consumer Financial Protection Bureau’s new leader is vowing to move quickly to penalize mortgage servicers, banks and other financial…
Read More » - 27 JanuaryBanking
California to regulate early-wage access firms under landmark agreements
Five companies in the early-wage access industry have reached landmark agreements with California regulators that will govern their operations in…
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