Dive Brief: Capital One is winding down Discover’s home equity lending business, a spokesperson for the McLean, Virginia-based bank said Monday. “We conducted an extensive strategic business review of Discover’s home equity and refinance loan business to better understand its ...

By Brooke Conkle, Jason Cover, Chris Capurso, Taylor Gess & Carlin McCrory on July 10, 2025 POSTED IN ALL ENTRIES, FEATURED POSTS, FEDERAL TRADE COMMISSION (FTC), REGULATORY ENFORCEMENT + COMPLIANCE, STATE ATTORNEYS GENERAL, CFPB + FTC On July 8, a ...

Planning to buy an electric car? You'd better hurry.\ New GOP spending and tax cut plan looks to boost American-made auto sales with a tax incentive allowing a deduction for the interest you pay on your loan. CLEVELAND — Included ...

FILE PHOTO: U.S. President Donald Trump speaks during an Invest America Roundtable in the State Dining room, at the White House, in Washington, U.S., June 9, 2025. REUTERS/Evelyn Hockstein/File Photo© Thomson Reuters WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday ...

Apple, Mastercard, and Visa have managed to get a lawsuit dismissed claiming that the three companies conspired to inflate credit and debit card transaction fees paid by merchants. In December 2023, Mirage Wine & Spirits filed a lawsuit alleging that ...

What collection debt looks like in America: A mid-year look In April 2025, Freedom Debt Relief reviewed data from tens of thousands of people actively looking for help with their debt. The numbers might be surprising. About one in four ...

The budget bill signed by President Trump on July 4 will make massive cuts to the CFPB’s budget. The huge bill changes the amount that the CFPB may receive from the Federal Reserve from a maximum of 12% of the ...

Daily fantasy constitutes sports betting and is therefore illegal in California, according to an opinion released Thursday by the state's attorney general. But the fantasy industry isn't planning to immediately cease operations. California Attorney General Rob Bonta concluded that state ...

As the state of Texas recovers from damage caused by severe storms, straight line winds and flooding, the NCUA is monitoring the situation closely and has resources to help credit unions affected. The Cornerstone Foundation also has resources availableto assist ...