The regulators rescinded the “Interagency Guidance on Leveraged Lending,” dated March 21, 2013, and the “Frequently Asked Questions (FAQ) for Implementing March 2013 Interagency Guidance on Leveraged Lending,” dated Nov. 7, 2014, according to their Friday (Dec. 5) joint release ...

New York State Senator Zellnor Myrie is introducing legislation to change how debts and interest are calculated in foreclosure cases, responding to an investigation that found banks using a method that can overcharge homeowners and strip away surplus funds they ...

Former Federal Reserve officials are urging a federal court to rule that Acting CFPB Director Russell Vought is legally required to request funding for the Consumer Financial Protection Bureau from the Federal Reserve, despite a Justice Department opinion saying he ...

Order requires company to clearly and conspicuously display total monthly leasing price and mandatory fees Greystar, the nation’s largest multi-family rental property manager, has agreed to pay $23 million to the Federal Trade Commission and $1 million to the State ...

Credit unions’ share of auto loans slipped in Q3 2025 as banks expanded their presence, but credit unions remain especially strong in used-vehicle financing and still hold over one-fifth of total auto finance market share. Banks now lead overall auto ...

Federal regulators have ramped up their scrutiny of ed-tech companies in the wake of a string of high-profile school data breaches in recent years, and the Federal Trade Commission’s latest action against Illuminate Education is another signal that regulators will ...

Senators Elizabeth Warren and Jack Reed are urging US banking regulators to run a formal “stress test” of banks’ exposure to the rapidly growing private credit market after a string of high‑profile bankruptcies, including Tricolor Holdings and First Brands Group.​ ...

Student (school) loan delinquencies in the U.S. have climbed back to roughly pre‑pandemic levels, with on the order of six million borrowers now past due and clear signs of rising financial stress for many households. This jump is showing up ...

Nearly two-thirds of homebuyers are concerned that artificial intelligence will make it easier for criminals to steal their identities during the buying process, especially when sharing sensitive documents online. This worry reflects broader anxiety about AI-powered fraud and deepfake scams ...