Article Summary The federal Office of the Comptroller of the Currency published two filings last week stating federal law prohibits states from regulating credit and debit card “swipe” fees. An Illinois law that would prohibit financial institutions from charging those ...

It’s shockingly easy to see AI in customer experience as much safer than it really is. Nothing feels particularly threatening about a chatbot answering basic questions, a routing engine sending someone in the right direction, or a copilot giving an ...

Sprir Airlines has begun an “orderly wind‑down” and has canceled all flights effective immediately; the carrier is ceasing operations and going out of business after failing to secure a federal bailout. What is happening Spirit announced early today that it ...

They are unlikely to materially impede loan accessibility in the near term, but they will increase compliance and servicing friction, especially for smaller and subprime lenders, which can indirectly tighten credit at the margin. The bigger, clearer impact is on ...

The Consumer Financial Protection Bureau (CFPB) has reduced the small business data collection and reporting requirements under the Equal Credit Opportunity Act (Regulation B). The agency posted the final rule on the Federal Register on Thursday (April 30), and the ...

A new CFPB federal rule shaves down the definition for what lender actions qualify as mortgage discrimination. But here in California, anti-discrimination laws continue to provide the broad protections. Prohibition against mortgage discrimination Supervision and enforcement of the Equal Credit ...

Here is a bad scenario. Your home floods, insurance drags its feet, and you desperately need federal disaster relief. You submit your application online, only to discover weeks later that AI-powered phantom applicants have already claimed your spot. Welcome to ...

Commercial mortgage delinquency rates climbed to 4.02 percent in the first quarter of 2026, up from 3.86 percent in the fourth quarter of 2025, according to the Mortgage Bankers Association’s commercial real estate finance loan performance survey. Short-term delinquencies increased ...

Blue Owl just saw an unprecedented wave of redemption requests in two of its flagship non‑traded private credit BDCs, forcing it to cap withdrawals at 5% and making it the focal point of growing worries about liquidity and sentiment in ...