GAO’s initial report paints a picture of a deliberately downsized, reorganized CFPB operating under a sharply lower funding cap and... View Article
Debt collection agencies are starting to use automated voice systems and AI-driven messaging to handle consumer calls. These systems help... View Article
Subprime borrowers are now a major driver of U.S. loan growth, particularly in unsecured personal loans, with balances and borrower... View Article
YAKIMA, Wash. — Due to a change in services, some Yakima residents might experience issues with court payments. The Yakima... View Article
HSBC has laid off about 10% of its U.S. debt capital markets (DCM) team as part of a broader cost-cutting... View Article
Quick Hits On December 19, 2025, the FTC announced an enforcement action against business-to-business no-poach practices and issued a proposed... View Article
Subprime borrowers drove unsecured personal loan originations and balances to record highs, TransUnion said in a Thursday (Feb. 19) press... View Article
The Federal Reserve is preparing to propose regulatory changes that could encourage large banks to re-enter the mortgage origination and... View Article
Vacant residential property rate held steady at 1.3 percent; Number of zombie foreclosures drops in 28 states and D.C. IRVINE,... View Article
The FCC has approved a proposal to phase out intercarrier compensation (call termination and other access charges) for voice calls,... View Article
The exchange for the debt economy
The exchange for the debt economy© Copyright 2026 Credit and Collection News
