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Federal rules expanded to protect shoppers who buy now, pay later
CBS News· 4 days agoThe agency, which protects consumers from financial abuse, is taking the step in response to...
Phantom Debt & BNPL: What New Regulations Mean For Pay Later Industry
Forbes· 2 days agoRecent data from the Federal Reserve Bank of New York reveals a troubling trend in credit card...
Legislative Round-Up: State and National Efforts to Expand Housing Access Continue
RISMedia Real Estate News· 5 days agoOn Thursday May 16, 2024, the U.S. Supreme Court overruled a challenge to the constitutionality of the Consumer Financial Protection Bureau (CFPB). The Consumer Financial ...
Sen. Schumer calls for $8 cap on credit card late fees in wake of Supreme Court ruling on CFPB
New York Daily News· 6 days agoCredit card late fees should be capped at $8, Senate Majority Leader Chuck Schumer urged Sunday,...
FSOC releases report on nonbank mortgage servicing | JD Supra
JD Supra· 4 days agoThe report discussed the sector’s significant market share, strengths and vulnerabilities particularly in financial stress scenarios. The FSOC emphasized the potential for these vulnerabilities ...
Chopra: Credit reporting industry's fee hikes 'raise big questions' - HousingWire
HousingWire· 5 days agoAmong the sticky issues, he said, is that mortgage companies usually buy a single credit report and...
Sen. Schumer calls for $8 cap on credit card late fees in wake of Supreme Court ruling on CFPB
NY Daily News via Yahoo Finance· 6 days agoCredit card late fees should be capped at $8, Senate Majority Leader Chuck Schumer urged Sunday, after the U.S. Supreme Court found the federal Consumer Financial Protection Bureau’s funding ...
The U.S. recovery and what’s next
Politico· 6 days agoFirst in MM: A CFPB warning shot — The CFPB is offering backup to Democratic state attorneys general who say national banks are stonewalling their investigations ...
Crypto shocker
Politico· 3 days agoKaty O’Donnell, the CFPB says in a new rule that Buy Now, Pay Later companies will be held to the...their product or whether the lender will help them if ...
Taking on Corporate Greed and Striking Junk Fees
Northern Express· 22 hours agoThis means booking trips on airlines, making hotel reservations, and spending with credit cards. At some point, you’ll probably notice added fees and higher costs at checkout than what’s initially ...
