Categories for Headline News

CFPB’s Enforcement Chief Resigns

December 7, 2025 11:59 pm Published by steve

The Consumer Financial Protection Bureau’s current top enforcement official, Michael G. Salemi, has resigned, saying there is “no path” to... View Article

School Loan Delinquencies Back Up

December 7, 2025 10:00 pm Published by steve

Student (school) loan delinquencies in the U.S. have climbed back to roughly pre‑pandemic levels, with on the order of six... View Article

Federal Reserve Can Fund CFPB Under Trump Admin’s Terms

December 7, 2025 9:55 pm Published by steve

A recent court filing argues that the Federal Reserve does, in fact, have the ability to fund the Consumer Financial... View Article

OCC and FDIC Withdraw ‘Overly Restrictive’ Leveraged Lending Guidance

December 7, 2025 11:15 am Published by steve

The regulators rescinded the “Interagency Guidance on Leveraged Lending,” dated March 21, 2013, and the “Frequently Asked Questions (FAQ) for... View Article

US affordability squeeze eases slightly as key delinquency metrics stabilize

December 7, 2025 11:14 am Published by steve

US consumers are still under notable strain from high borrowing costs and past inflation, but several key delinquency and debt‑service... View Article

NY court upholds foreclosure abuse law

December 7, 2025 11:13 am Published by steve

New York’s highest court has upheld the constitutionality of the state’s Foreclosure Abuse Prevention Act (FAPA), confirming that it applies... View Article