The ABA and ICBA have praised Congress’ decision to nullify the rule
Report from the FDIC’s Office of the Inspector General found the agency should have taken earlier action
The CFPB has levied the fine for failing to collect information on some mortgage applications
Plus: Illinois-based First Busey to acquire Merchants and Manufacturers Bank
The deadline has been extended until January 16, 2024
The program allows CFPB to authorize parameters for in-market testing of alternatives to required disclosures
The special committee will examine allegations of a toxic workplace culture and sexual harassment
While housing demand increased, it was still more than 20% below this time in 2022
Consumers are increasingly gravitating towards BNPL options
The CEO of Citigroup Jane Fraser announced that a reorganization is imminent