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Biden Administration advances plan to remove medical debt from credit scores
Fortune via Yahoo Finance· 2 days agoThe Consumer Financial Protection Bureau proposed federal regulations that would prevent unpaid...
States Expand Regulation of Consumer Lending: Codification of "True Lender" and Opt-out of DIDMCA's...
JD Supra· 10 hours agoStates are increasingly targeting the activities of non-bank third parties in the consumer loan process and interest rate exportation by state-chartered banks. In the past ...
Fed hits Synapse partner Evolve with enforcement action
Banking Dive via Yahoo Finance· 5 hours agoAn exam last year revealed Evolve Bank & Trust didn’t have an effective risk management framework in...
.... Treasury Proposes New Regulations on Eligibility Requirements for Clean Energy TaxCredits under...
JD Supra· 3 days agoThe United States Department of the Treasury (Treasury) on June 3, 2024 published proposed regulations on Internal Revenue Code (IRC) Sections 45Y and 48E, which provide for ...
Financial Services Roundup: Market Talk
The Wall Street Journal· 21 hours agoHe adds, however, that “certain programs within the IRA, along with specific regulations, could be vulnerable.” For example, “discretionary spending...
US proposes banning medical debt from credit reports
StreetInsider· 3 days agoThe proposed regulations, unveiled by the U.S. Consumer Financial Protection Bureau, come as Joe Biden's administration works to tout its economic policies ahead of November's ...
What are credit repair companies and how do they work?
Bankrate via AOL· 7 days agoAny legitimate company should follow the regulations provided by the FTC. For example, the repair...
Gas prices are cheaper than last summer and miles away from the nightmare of 2022
CNN Business via Yahoo Finance· 7 hours agoIndeed, even though the oil industry frequently battles with the White House over regulation, US oil...
Today's top money market account rate roundup: Earn up to 5.13% — June 14, 2024
USA Today· 8 hours agoMMA rates have inched down from last week, per Curinos data, and deliver decent yields to those...
Buy now, pay later products to be treated like credit cards, CFPB says
FOX Business· 2 days agoAs a result, BNPL lenders must follow the federal Truth in Lending Act (TILA) and Regulation Z rules...