Big Banks Continue To Increase Credit Loss Provisions
July 28, 2024 11:50 pm Leave your thoughtsWith the release of its Q2 earnings, Bank of America announced that its provision for credit losses and charge-offs grew... View Article
With the release of its Q2 earnings, Bank of America announced that its provision for credit losses and charge-offs grew... View Article
Analysis of a potential game-changer: In the fall of 2021 the Consumer Financial Protection Bureau asked big tech companies including... View Article
The U.S. Court of Appeals for the Sixth Circuit recently upheld the dismissal of a financial institution’s putative class action... View Article
Years of higher inflation and interest rates have left consumers mired in debt, even as overall economy hums Interest paid... View Article
The U.S. Court of Appeals for the Seventh Circuit recently upheld a trial court’s rejection of a borrower’s allegations that... View Article
Report covers the impact of the proposed rule on providers, patients, consumers and the collection industry, among other critical findings.... View Article
SACRAMENTO — The California Department of Financial Protection and Innovation (DFPI) announced it has issued an order revoking the California Financing Law... View Article
Proposed rules would require servicers to help homeowners before foreclosing, give servicers more flexibility by reducing paperwork requirements, and improve... View Article
A pair of US Supreme Court decisions curtailing the rule-writing authority of federal regulators will likely force banking agencies to... View Article
SACRAMENTO – The California Department of Financial Protection and Innovation (DFPI) announced today it has entered into a consent order... View Article
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