The Consumer Financial Protection Bureau released a guide on its compliance aids related to its final rule implementing the Fair Debt Collection Practices Act.
ICBA this week launched a new customizable grassroots message for community bankers urging Congress to include common-sense policies in any economic stimulus package.
The share of installment-loan credit accounts with payment amount information furnished to credit reporting agencies has trended upward to more than 90 percent, the Consumer Financial Protection Bureau reported.
The Consumer Financial Protection Bureau released brochures, videos, and other resources to help consumers seeking mortgage and housing assistance during the coronavirus national emergency.
The Justice Department sued Visa to stop its $5.3 billion acquisition of Plaid, a fintech firm. The DOJ said Visa is a monopolist in online debit services while Plaid is developing a payments platform that would challenge Visa’s monopoly.
ICBA expressed concern with a CDFI Fund proposal that would diminish the number of Community Development Financial Institutions and threaten the survival of the program.
Community Banker University's Unlimited Webinar Pass helps community bankers keep up with emerging trends and regulatory issues by offering unlimited access to more than 70 live and 100 on-demand webinars.
While ICBA works with policymakers to address Economic Injury Disaster Loan Advance deductions from PPP forgiveness amounts, it continues encouraging community bankers and their small-business contacts to weigh in with Congress.
The U.S. Coin Task Force is seeking feedback on a five-minute survey on coin circulation disruptions. Survey responses are due by close of business Wednesday, Nov. 11.
ICBA is urging community bankers to direct borrowers to ICBA's small-business alert addressing Economic Injury Disaster Loan Advance deductions from PPP forgiveness amounts.
The latest Global Economic Insights report from Visa provides a COVID-19 Economic Impact Index, plus insights on travel and tourism recovery and small and medium-sized business reopenings.
The Federal Reserve Board reduced the minimum loan size for its Main Street Lending Program from $250,000 to $100,000 and adjusted fees to encourage the provision of smaller loans.
Sen. Steve Daines (R-Mont.) called on Senate Small Business Committee leaders to resolve the conflict between Economic Injury Disaster Loan advances and the Paycheck Protection Program that ICBA has repeatedly spotlighted.
The Consumer Financial Protection Bureau issued a final rule to implement the Fair Debt Collection Practices Act, which restricts debt collector communications with consumers.
Federal financial regulators invited comment on a proposal outlining and confirming the agencies’ use of supervisory guidance for regulated institutions. The proposal would codify their September 2018 statement clarifying the differences between regulations and guidance.
