CFPB to Increase Fair Lending, UDAAP Supervision
The CFPB today signaled its intention to ramp up supervision activity around fair lending laws and unfair, deceptive and abusive...
Newsbytes
CFPB Encourages Servicer Participation in Federal Homeowner Assistance Program
In a new blog post this week, the CFPB said it “strongly encourages” servers to participate in programs related to...
SBA to Offer Additional Deferment for COVID EIDL Program Loans
The Small Business Administration today announced that it will extend the deferment timeframe for COVID-related Emergency Disaster Injury Loans to...
Raskin Withdraws Fed Nomination
Sarah Bloom Raskin, President Biden’s nominee to serve as the next vice chairwoman for supervision at the Federal Reserve, withdrew...
Treasury Announces New Sanctions against Belarusian President for Human Rights Violations
The Treasury Department’s Office of Foreign Assets Control today issued a new round of sanctions against Alyaksandr Lukashenka, president of...
Consumer Sentiment Decreases in March
Consumer Sentiment was 59.7 in March, according to the University of Michigan Consumer Sentiment Index. March’s figure was 3.1 points...
Producer Prices Rose 0.8% in February
The Producer Price Index for final demand increased 0.8% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported...
Treasury Announces Additional Sanctions against Russia
The Treasury Department today issued a new round of sanctions against individuals who have supported Russian President Vladimir Putin’s invasion...
ABA Data Bank: Bank On Certified Accounts Available at Over 36K Branches at the End of 2021
In 2021, 94.8% of low- and moderate-income households were nearby a branch offering a certified Bank On account—which feature low...
Congress Passes ABA-Backed Bill Addressing Tough Legacy Libor Contracts
The Senate late Thursday night passed an omnibus spending package that included a bipartisan, American Bankers Association-backed bill to address...
