CFPB: Online Payday Loans Can Lead to Unanticipated Overdraft Fees
Repeated attempts by online payday lenders to collect payments via direct debit can lead to unanticipated consequences for consumers’ bank ...
Tag: Consumer lending
ABA Responds to Congressional Inquiries about TRID
The American Bankers Association today responded to inquiries from House Financial Services Committee members about the effects of the TILA-RESPA ...
ABA, Groups Seek Clarifications on Military Lending Rules
The American Bankers Association and several other bank and credit union trade groups are urging the Department of Defense to ...
Consumer Delinquencies Fall Sharply in Fourth Quarter
Delinquencies in closed-end loans fell sharply in the fourth quarter of 2015 as home values steadily increased, according to the ...
OCC: Mortgage Performance Improves Year-on-Year
The share of current and performing first-lien mortgages rose to 94.1 percent for the fourth quarter of 2015, up from ...
Senate Dems Introduce Bill Beefing Up SCRA
Sens. Patty Murray (D-Wash.), Dick Durbin (D-Ill.) and Bernie Sanders (D-Vt.) today introduced the SCRA Enhancement and Improvement Act of ...
OCC Updates Guidance on Oil, Gas Lending
The OCC today updated its Comptroller's Handbook with a revised booklet on oil and gas exploration and production lending.
Community Bank Mortgage LLC Announces Agreement with BOK Financial
ABA, through its subsidiary, ABA Community Bank Mortgage LLC, announced today that it has selected BOK Financial Correspondent Lending as ...
ABA Offers Feedback on FDIC’s Small Business Lending Survey
In a letter yesterday, ABA provided feedback on the consumer bank account section of the FDIC’s proposed small business lending ...
CFPB Accepting Consumer Complaints for Marketplace Lenders
The CFPB announced today that it is now accepting consumer complaints about loans from online marketplace lenders.
