The Mortgage Bankers Association (MBA) on Friday submitted a letter to the Consumer Financial Protection Bureau (CFPB) to support the bureau’s proposed 2026–2030 strategic plan, backing efforts to reduce regulatory burdens while urging the agency to go further in easing ...

Truliant Federal Credit Union and Piedmont Advantage Credit Union have signed a definitive agreement to combine, creating a larger regional financial cooperative with more than 360,000 members and approximately $6 billion in assets. The merged institution will operate under the ...

A missed debt settlement payment can undo months of progress and lead to other repercussions. After years of elevated borrowing rates and rising living costs, Americans have racked up a staggering amount of debt and it's having a significant impact ...

Experian announced that it is integrating its Experian Verify instant employment verification solution directly into the TazWorks background screening platform, aimed at speeding hiring decisions and reducing manual verifications for screening providers and employers. What the announcement actually is Experian ...

The final rule will largely track the November 13, 2025 ECOA/Reg B proposal: it will eliminate disparate‑impact liability under Regulation B, narrow “discouragement,” and significantly restrict for‑profit SPCPs that use race/ethnicity/sex as eligibility criteria. Big-picture changes The Bureau is amending ...

Banks and their trade groups are pushing back hard against the CFPB’s move to sharply scale back supervision of nonbank financial firms, arguing it worsens competitive imbalances and undermines consumer protection. What the CFPB is doing The CFPB has proposed ...

The new CFPB final rule significantly scales back fair lending protections under ECOA by eliminating disparate impact, narrowing “discouragement” protections, and constraining special purpose credit programs, which advocates argue will open the door to more discrimination in credit markets. What ...

By Richard J. Andreano, Jr. & John L. Culhane, Jr. on April 20, 2026 POSTED IN MORTGAGES, OCC The Office of the Comptroller of the Currency (OCC) recently entered into a consent order with The Federal Savings Bank in Chicago, ...

Truist’s reported 83.5% jump in nonperforming indirect auto assets is almost entirely a classification/criteria story, not an abrupt collapse in the underlying auto book. The bank tightened its nonaccrual rules for certain indirect auto loans effective January 1, 2026, which ...