Low-income renters are being displaced. Is it a bank problem?

07/27/18

With values on multifamily properties soaring, some building owners are using aggressive tactics to push out existing tenants to make room for higher-earning ones. That’s raising questions about whether their lenders are abetting this behavior.

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Legal industry scores victory over CFPB in debt collection battle

07/27/18

A ruling involving a Cleveland law firm casts doubt on CFPB claims that attorneys misrepresent their role to consumers.

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Trump nominee for financial stability agency sought to eliminate it

07/27/18

As a House staffer, Dino Falaschetti tried to repeal Treasury’s Office of Financial Research. He should not be put in charge of it.

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TCF's profits dip on costs associated with CFPB settlement

07/27/18

Its noninterest expense rose 17% from a year earlier, in part because of costs stemming from its recent overdraft protection settlement with federal regulators.

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Walmart picks Capital One; CFPB to emphasize collaboration

07/27/18

The retailer is ending its nearly two-decade credit card relationship with Synchrony Financial; Mulvaney says the bureau will first negotiate, not sue, to settle disputes.

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'Can Mulvaney define the word usury?': Comments of the week

07/27/18

Readers respond to Mulvaney's changes to the CFPB's consumer board, weigh a proposal regarding fair lending, react to adoption of pot banking regtech and more.

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Booming tech sector spurs spike in SVB profit

07/26/18

The California company also benefited from higher interest rates and double-digit loan growth.

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Zelle transaction volume rose 17% in Q2, Early Warning says

07/26/18

The person-to-person network also saw $28 billion in payments in the quarter and it added more bank members.

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The curious case of the Vatican and credit default swaps

07/26/18

The Vatican's recent criticism of credit default swaps is reigniting a debate about the use of such financial products.

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Discover's 2Q profit surges despite rise in charge-offs

07/26/18

A smaller tax bill and a double-digit growth in card loans offset weakening credit quality at the Riverwoods, Ill., company.

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