Browse Headlines

Items 121 - 140 of 200  Previous12345678910Next
  • Exclusive: U.S. Regulators Press Banks for More on Auto Loan Exposure to Assess Risks 
    Reuters 12 Oct 2014
    Sources say at least one federal regulator is asking banks for more detail on their auto financing exposure to better assess their risks given the rapid growth in lending, with an Equifax report ...
  • Student Loans Double Over the Last Two Decades 
    MarketWatch 11 Oct 2014
    U.S. students have doubled the amount of money they borrow for college over the past two decades, and the total student-debt load has increased fourfold.
  • Student Loans Soar Among Wealthy College Graduates 
    MarketWatch 11 Oct 2014
    The number of U.S. college graduates with student loans has reached a record high at 69 percent. The typical amount borrowed has also doubled compared to graduates 20 years ago, according to an ...
  • CFPB Proposes TILA-RESPA Changes 
    Credit Union Times 10 Oct 2014
    The Consumer Financial Protection Bureau (CFPB) has proposed two changes to the TILA-RESPA final rule.
  • Home Equity Lending Surges in U.S. to Five-Year High 
    Bloomberg BusinessWeek 09 Oct 2014
    Lenders increased their origination of home equity lines of credit (Helocs) by 21 percent in the 12 months ending in June, data firm RealtyTrac Inc. reports.
  • The States Where Homeowners Are Still Struggling 
    Fox Business 08 Oct 2014
    Despite historically low rates, there have been fewer mortgages opened in some parts of the nation. At the same time, millions of American consumers are still struggling to afford the monthly ...
  • Regulator Says Consumers Unfairly Blocked From Checking Accounts 
    Wall Street Journal 08 Oct 2014
    At an Oct. 8 forum on checking account issues, Consumer Financial Protection Bureau Director Richard Cordray said consumers are unfairly blocked from obtaining checking accounts due to past financial ...
  • Card Issuer Tries Early Intervention With Struggling Borrowers 
    Wall Street Journal 08 Oct 2014
    Barclaycard, a credit-card issuer and unit of Barclays, has partnered with Philadelphia-based Consumer Credit Counseling Service of Delaware Valley to provide assistance to existing customers who are ...
  • Student Debt Costs Housing $83B a Year 
    Housing Wire 08 Oct 2014
    The latest John Burns Real Estate Consulting study calculates that student debt will cost the housing industry approximately $83 billion in sales this year.
  • Dealers to Face More Lender Scrutiny 
    Automotive News 08 Oct 2014
    The "larger participants" rule proposed by the Consumer Financial Protection Bureau (CFPB) could be enacted before the end of the year, prompting more scrutiny of car dealerships and increasing ...
  • Debt-Laden College Students Worry About Refinancing: Survey 
    American Banker 08 Oct 2014
    A survey of 500 current college students released Oct. 7 by Citizens Financial Group indicates that they currently are carrying $22,000 to $25,000 in student-loan debt, and by the time they graduate, ...
  • New Mortgage Lender Demands Less Documentation 
    Wall Street Journal 07 Oct 2014
    Social Finance, or SoFi, has offered mortgages in California since August and expanded its business to New Jersey, North Carolina, Pennsylvania, Texas, Washington, and the District of Columbia on Oct.
  • Consumer Delinquencies Continue Falling to Record Low 
    Washington Business Journal 07 Oct 2014
    The American Bankers Association (ABA) reports that overall consumer debt delinquencies hit a record low of 1.57 percent in the second quarter, down from 1.
  • Car Dealers Resisting Regulations on Fees 
    Detroit Free Press 07 Oct 2014
    The National Automobile Dealers Association (NADA) is fighting efforts by the Consumer Financial Protection Bureau (CFPB) to eliminate dealers' ability to charge varying rates for higher-risk loans.
  • Feds Crack Down on Elderly Financial Abuse in Spanish-Speaking Communities 
    The Hill 07 Oct 2014
    The Federal Deposit Insurance Corp. (FDIC) and the Consumer Financial Protection Bureau (CFPB) have joined forces to protect Spanish-speaking senior citizens from financial fraud.
  • U.S. Consumer Credit Posts Smallest Gain Since November 
    Reuters 07 Oct 2014
    The Federal Reserve reported on Oct. 7 that U.S. consumer credit climbed to $3.25 trillion in August, and the increase of $13.5 billion for the month was the smallest since November.
  • Online Lender CashCall Must Pay $1.5 Million to Iowans 
    Des Moines Register 06 Oct 2014
    Iowa officials have brokered a settlement with online lender CashCall, which agreed to surrender its license and fork over $1.
  • GAO Calls on Treasury to Better Track Homeowner Relief Data 
    The Hill 06 Oct 2014
    In a new report, the Government Accountability Office concludes that Treasury officials could do more to assess why some distressed homeowners are redefaulting after receiving federal mortgage relief.
  • Payday Lender All American Doing Business Under Temporary License 
    Mississippi Business Journal 06 Oct 2014
    Madison-based payday lender All American Check Cashing, unable to renew its annual license because of regulatory troubles, instead is operating in Mississippi under a temporary license granted by the ...
  • Racial Disparity in Mortgage Refinancing Data 
    New York Times 05 Oct 2014
    Last year saw a 25 percent slump in mortgage refinancing from 2012, due almost entirely to less participation among white and Asian borrowers, according to a data analysis by the Urban ...
Items 121 - 140 of 200  Previous12345678910Next