Key Takeaways The CFPB issued a final rule on April 22, 2026, eliminating disparate impact as a basis for ECOA enforcement. It also revises discouragement standards and restricts special-purpose credit program criteria. The rule reduces fair lending exposure while tightening ...

Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC). UPI-Yonhap US financial regulators have launched a sweeping investigation into the private credit market. Attention is turning to whether authorities will roll out tougher rules in response to rising ...

US credit unions have warned that proposed cuts to the Community Development Financial Institutions (CDFI) fund could undermine lending to small businesses in underserved communities. As part of its FY2027 federal budget proposals, the Trump administration has put forward $204.5 ...

Bridgewater, N.J., April 23, 2026 (GLOBE NEWSWIRE) -- Highlights  Alacriti-sponsored research finds that while 71% of financial institutions view instant payments as strategically important or critical, 45% remain in the evaluation phase. Fraud and risk reduction (63%) is the primary ...

Bankruptcy attorneys have warned that online betting could be causing an increase in personal bankruptcies and said that people gambling with borrowed money are at an especially high risk of harm. USA Reported an Increase in Personal Bankruptcies Online betting ...

The New York Court of Appeals issued its decision in Second Child v. Edge Auto, Inc. on April 23, 2026, affirming the Appellate Division's ruling that the federal Graves Amendment preempts portions of New York Vehicle and Traffic Law § ...

SACRAMENTO, Calif. — Civil rights and labor advocates are urging California lawmakers to pass AB 2558, a measure supporters say would help protect families from predatory payday lending practices that trap borrowers in cycles of debt. Dolores Huerta, one of ...

The CFPB’s draft 2026–2030 Strategic Plan represents a significant pivot toward a more deregulatory, fraud‑focused Bureau with narrowed supervision and enforcement, and it is drawing sharply divergent reactions from industry and consumer/AG stakeholders. Core structure of the draft plan The ...

Many mainstream mortgage channels now have ways to use rent history in underwriting, but it is not yet universal or automatic across all lenders or loan types. What’s changed recently Fannie Mae’s Desktop Underwriter now allows lenders (with borrower permission) ...