Arbitration Rule Could Raise the Cost of Credit by 25 Percent "Credit News 24"

A study by the Office of the Comptroller of the Currency (OCC) found that the Consumer Financial Protection Bureau’s arbitration rule is lik...

OMB Stays EEOC Revised Data Collection Requirement "Credit News 24"

The Office of Management and Budget (OMB) on August 29 stayed an Equal Employment Opportunity Commission (EEOC) rule that would have require...

NCUA Calls on Congress to Give It Regulatory Flexibility "Credit News 24"

In testimony before the Senate Committee on Banking, Housing, and Urban Affairs on June 22, National Credit Union Administration (NCUA) Acti...

McWatters to CFPB: Provide Reg Relief to CUs "Credit News 24"

In a May 24th letter to Consumer Financial Protection Bureau (CFPB) Director Cordray, Acting National Credit Union Administration (NCUA) Cha...

Banks and CUs Are Seeking Part of The Payday Lending Market "Credit News 24"

The Wall Street Journal is reporting that banks and credit unions are hoping that the Trump Administration will block the Consumer Financial...

Bank and Credit Union Executives Express Concerns over Examinations and Regulations "Credit News 24"

Members of the Federal Reserve’s Community Depository Institutions Advisory Council (CDIAC) raised concerns about compliance examination pro...

FCU's Statutory Interest Rate Cap Is Archaic "Credit News 24"

During its February 23rd National Credit Union Administration (NCUA) Board meeting, Board Member Metsger stated that the existing interest r...

Survey Shows Drop in Compliance and Risk Management Concerns "Credit News 24"

Despite a persistently stringent regulatory environment, banks and credit unions are becoming more confident in their compliance and risk ma...