<span class="vcard">Amanda Tuckey</span>
Aug. 4: CFPB Updates This Week
CFPB Sues USASF Servicing for Illegally Disabling Vehicles and for Improper Double-Billing Practices AUG 02, 2023 — The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal court against...
Consumers Charged Nearly $3 Billion in Fees Annually from Predatory Lenders According to Study
In a study released June 2023 by the Center for Responsible Lenders, analysts found that borrowers are charged nearly $3 billion annually for single-payment, payday installment, and car-title loans. Per the study’s...
Tech Tips for 2024 Strategic Planning
As fall approaches and budgeting season begins, we want to share the leading industry initiatives, including technology focus areas for 2024 roadmaps. What’s included in your strategic plan for 2024?...
July 28: CFPB Updates This Week
PUBLISHED JUL 27, 2023 Financial struggles in Puerto Rico bite deeper than the rest of the United States Our research shows that people in Puerto Rico have lower financial well-being compared...
NCUA Board Approves Final Member Expulsion Rule
Midsession Budget Reprograms Funds for Mission Critical Priorities July 20, 2023 – The National Credit Union Administration Board held its seventh open meeting of 2023 and approved a final rule on...
July 21: CFPB Updates This Week
PUBLISHED JUL 20, 2023 CFPB Report Shows Workers Face Risks from Employer-Driven Debt The Consumer Financial Protection Bureau (CFPB) published a report highlighting the risks employer-driven debt poses to workers....
CDFI Fund Impact Blog: Positioning the Capital Magnet Fund for Impact and Innovation
Since its inception in 2008, the Capital Magnet Fund (CMF) has awarded nearly $1.1 billion in funding to create and preserve affordable housing for Low-Income families and economically distressed communities....
July 14: CFPB Updates This Week
PUBLISHED JUL 13, 2023 State Partners and CFPB Sue Prehired For Illegal Student Lending Practices The Consumer Financial Protection Bureau (CFPB) joined with several state attorneys general and a state regulator...
The Federal Reserve Thinks Catastrophe Is Coming for US Businesses
As a financial journalist, I spend a lot of time seeing what people well smarter than me have to say about money, markets, and the economy. One report, written by...
A Return To “Normal” Debt – Financially Vulnerable Left Behind
The economy has been through the wringer for the past few years. Skyrocketing inflation in the wake of the COVID-19 pandemic brought with it a series of rapid rate rises...
June 30: CFPB Updates This Week
PUBLISHED JUN 29, 2023 The CFPB’s 2022 Fair Lending Annual Report to Congress The CFPB released its Fair Lending Annual Report to Congress , describing our fair lending activities in enforcement and...
June 22, 2023: NCUA Board Meeting Summary
June 22, 2023 — The NCUA Board meeting agenda consisted of three items for consideration, including a request for comment regarding NCUA’s Operating Fee Schedule Methodology, a board briefing regarding new...