Record Margin Debt and High-Risk Bets Highlight a Growing Appetite for Leverage Among Retail Investors
HOUSTON — During a late night at home in May 2021, Hy Luu, a 29-year-old engineering consultant, sat at his…
Tag: debt
CFPB Relaxes Enforcement on Key Payday Lending Provisions as Focus Shifts to Military Families and Small Businesses
WASHINGTON — In a significant policy shift regarding consumer finance oversight, the Consumer Financial Protection Bureau announced today that it…
CFPB Moves to Vacate Settlement and Refund Penalty in Townstone Financial Case, Citing Regulatory Overreach and First Amendment Concerns
WASHINGTON, D.C. — In a dramatic reversal of federal enforcement policy, Acting Director of the Consumer Financial Protection Bureau (CFPB)…
Cracks Emerge in the Junk Bond Market as Investors Demand Higher Yields for Risky Debt
Subtle yet telling cracks are beginning to form within the nation’s junk bond market, as investors increasingly demand higher payouts…
Apollo Warns of Rising Credit Risk for AI Hyperscalers as Debt-Financed Infrastructure Expansion Accelerates
Corporate debt issued by the massive cloud computing players driving the global artificial intelligence boom is facing mounting risk, according…
2024 HMDA Data on Mortgage Lending Now Available | Consumer Financial Protection Bureau
The release of the 2024 dataset marks another milestone in the ongoing evolution of mortgage data accessibility, a movement fundamentally…
CFPB Steps Back from Nonbank Registry Enforcement and Considers Full Rescission
WASHINGTON, D.C. — In a significant shift in its regulatory oversight priorities, the Consumer Financial Protection Bureau announced today that…
CFPB Deprioritizes Small Business Lending Rule Enforcement Following Federal Court Litigation
WASHINGTON, D.C. — In a significant shift in its regulatory oversight priorities, the Consumer Financial Protection Bureau (CFPB) announced today…
CFPB Announcement Regarding Enforcement Actions Related to Buy Now, Pay Later Loans | Consumer Financial Protection Bureau
Instead of pursuing enforcement under this specific framework, the Bureau stated that it will keep its enforcement and supervision resources…
CFPB Amends Consent Order Against Remittance Company Wise Over Disclosure Failures and Fee Inaccuracies
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has officially amended its January 30, 2025 consent order with international…
