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 ...
Tag: Consumer 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.
Survey: Since TRID, Longer Processing Time, Fewer Product Offerings
More than three-quarters of bankers surveyed say that they have experienced delays in loan closings as a result of the ...
Associations Offer Support for High LTV Lending Guidance
In a joint letter with other trade associations yesterday, ABA expressed support for the OCC’s proposed risk management guidance for ...
Freddie Mac Profits Rose in the Fourth Quarter
Freddie Mac today reported a $2.15 billion profit for the fourth quarter of 2015, following a $475 million loss in ...
Fixed Mortgage Rates Remain Unchanged
The rate for a 30-year fixed-rate mortgage held steady at 3.65 percent this week, unchanged from the week prior, Freddie ...
Comments Invited on Rural Area Designation Application Proposal
The Consumer Financial Protection Bureau today invited comments on new agency procedures by which businesses can appeal the CFPB’s designation ...
How to Understand and Partner with Marketplace Lenders
Marketplace lenders are already winning your customers, bankers say. Here's how to respond.
Household Debt Rises in Fourth Quarter
Outstanding household debt increased in the fourth quarter of 2015, rising by 0.4 percent to $12.12 trillion, the Federal Reserve ...
OCC Revises Guidance on Installment Lending, Country Risk Management
The OCC today issued an update to the “Installment Lending” section of its Comptroller’s Handbook.
