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…
Tag: loans
CFPB and FirstCash Reach Settlement Over Alleged Military Lending Act Violations Involving Pawnshop Loans
Washington, D.C. — In a significant development regarding consumer financial protection and the rights of military families, the Consumer Financial…
CFPB Files Court Notice Regarding Funding Status Following Department of Justice Legal Determination
Washington, D.C. — In a significant development concerning federal regulatory operations, the Consumer Financial Protection Bureau (CFPB) filed a formal…
CFPB Overhauls Supervision Division with New Leadership, Narrowed Priorities, and Mandatory ‘Humility Pledge’
Washington, D.C. — In a significant operational shift, the Consumer Financial Protection Bureau (CFPB) announced a comprehensive overhaul of how…
Federal Reserve Board and Consumer Financial Protection Bureau Announce 2026 Consumer Credit and Lease Protection Thresholds
The Federal Reserve Board and the Consumer Financial Protection Bureau have jointly announced the updated dollar thresholds that will be…
Federal Regulators Announce 2026 Appraisal Exemption Threshold Increase for Higher-Priced Mortgage Loans
WASHINGTON — Federal financial regulatory agencies announced today that the exemption threshold for higher-priced mortgage loans subject to special appraisal…
CFPB and Justice Department Withdraw Joint Statement on Equal Credit Opportunity Act and Noncitizen Borrowers
Washington, D.C. — In a notable policy shift regarding federal civil rights enforcement in the financial sector, the Consumer Financial…
Latitude Global Scales Up Cross-Border Payments Infrastructure Using Stablecoin Rails to Solve Global Friction
Cross-border payments have long remained a stubborn pain point for businesses operating on a global scale, frequently plagued by inefficiency,…
From Fragmentation to FinTech: How Leading Software Platforms Are Turning Financial Infrastructure into a Growth Engine
Scaling a modern software platform creates clear, undeniable opportunities to capture new market share, yet this rapid growth frequently tests…
2025 HMDA Modified Loan Application Register Data Now Available on FFIEC Platform
WASHINGTON, D.C. — The Federal Financial Institutions Examination Council (FFIEC) has announced that the Home Mortgage Disclosure Act (HMDA) Modified…
