This joint OCC/FDIC rule prohibits regulators from using reputation risk to force account closures. By requiring supervision to focus on material financial threats, the rule seeks to end the debanking of legal but politically sensitive industries — a major advocacy ...

What happened next is the heart of the case. The filing says PHH wrote back on December 18 asking for more documents and gave Castillo until January 20, 2025, to send them in. He says he emailed the requested paperwork ...

Americans lost at least $2.1 billion in 2025 to scams that originated on social media, according to the Federal Trade Commission. That figure marks an eightfold increase since 2020. The FTC said Americans reported losing $1.1 billion last year to ...

Connecticut legislators moved forward with a bill that expands existing data privacy laws. The state Senate voted in favor of Senate Bill No. 117, which outlines procedures for a breach of security involving electronic personal information. It requires a third-party ...

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 ...

Key insight: A judge's ruling seems likely to lead to the end of a merger between San Diego County Credit Union and Cal Coast Credit Union. What's at stake: The two institutions have been fighting since late last year, when ...

Nevada has indeed adopted a new, comprehensive student loan servicing framework that covers both licensing and servicing conduct, primarily through AB 332 (2023) codified in NRS Chapter 670B, with implementing regulations adopted by the Financial Institutions Division (FID). Statutory framework ...

Fannie Mae (OTCQB: FNMA) reported net income of $3.7 billion for the first quarter of 2026 and filed its quarterly Form 10-Q with the Securities and Exchange Commission. The government-sponsored mortgage finance company released condensed consolidated financial statements for the ...

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 ...