California Attorney General Rob Bonta has secured a 4.6 million dollar settlement with Select Portfolio Servicing (SPS) over alleged violations of state and federal mortgage servicing and foreclosure protection laws during the COVID-19 pandemic. The deal delivers civil penalties and ...

CMBS Delinquency Rates Climb in First Quarter Amid Mounting Commercial Real Estate Pressure Commercial mortgage-backed securities (CMBS) delinquency rates rose notably in the first quarter of 2026, signaling renewed stress across key segments of the commercial real estate (CRE) market ...

A coalition of fair housing and lending advocacy organizations filed a federal lawsuit against the Consumer Financial Protection Bureau (CFPB), challenging a new rule they say will lead to rampant discrimination in lending and roll back decades of fair housing ...

Jamal Scott recently joined the Earthmover Credit Union Board of Directors. Scott is currently the vice president of Undergraduate Education and dean of the Undergraduate College at National Louis University. “Dr. Jamal Scott is an accomplished professional, and our membership ...

Vermont has joined a growing cohort of states enacting protections against coerced debt, marking a significant development in consumer protection policy and bringing the total number of states with such safeguards to nine. As states continue to fill perceived gaps ...

CFPB Steps In to Support Bilt Customers Amid Bank Partner Transition The Consumer Financial Protection Bureau (CFPB) is taking action to assist consumers affected by fintech platform Bilt’s transition to a new bank partner, highlighting ongoing regulatory scrutiny of bank-fintech ...

Saks is showing signs of recovery even before emerging from bankruptcy. The U.S. luxury department store chain posted sales of $1.6 billion in the period from January 14th to May 2nd. However, the company also posted losses of $63 million ...

President Lee Jae Myung condemns 'primitive predatory finance' as debt collectors face stricter regulations By Han Young-won, Won Jong-bin Illustration by Chosun Design Lab “I don’t have money to give. Just go back.” On the 19th of last month at ...

AUSTIN, Texas, June 3, 2026 /PRNewswire/ -- A+ Federal Credit Union (A+FCU) today announced it has been named a recipient of the 2026 Q2 Excellence Award for Fintech Collaboration by Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation ...