The Consumer Financial Protection Bureau has closed all fair lending investigations that were based on statistical reviews of credit patterns and will turn its attention to “debanking” and instances ...
A U.S. consumer finance agency said on Monday that popular "earned wage" advances on worker paychecks do not resemble ...
The Consumer Financial Protection Bureau in an advisory opinion said that "covered" earned wage access products should not be considered an extension of credit under the Truth in Lending Act. It also ...
Federal banking and consumer protection agencies on Monday announced updated dollar thresholds that will change how certain mortgage loans and consumer credit transactions are regulated in 2026, ...
Fifth Third Bank announced its intention to buy Comerica Bank in October in a $10.9 billion deal that Mike Bell, leader of the Financial Institutions practice at Detroit-based Honigman Law Firm, ...
Learn how the Schumer Box simplifies credit card rates and fees, empowering you to compare offers confidently and make ...
Discover how the amount financed impacts loan terms, including installment payments and interest. Learn what upfront fees mean for your borrowing costs.
McGlinchey Stafford announced that litigator Jonathan C. Smith has joined the Financial Services Litigation team as an ...
A coalition of mortgagees said the zombie seconds law negatively impacts 1.2 million junior liens statewide, despite just over 500 potential "zombie" loans.
The Consumer Financial Protection Bureau said the new thresholds, which impact Regulations Z, M, and V, including HOEPA, ...
The dialogue during a 1975 legislative committee hearing regarding freedom of information and subsequent debates in both the ...
Also known as the Truth in Lending Act (TILA), Regulation Z was created to protect people from predatory lending practices. It requires lenders to disclose borrowing costs, interest rates and fees ...
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