By Bart Statowski, Director of Advisory Services On February 18, 2025, the U.S. District court for the Eastern District of […]
Category: Blogs
Fair Servicing in Focus: Navigating Regulatory Expectations and Managing Fair Lending Risks
Originally published in ABA Risk and Compliance, March/April 2025 A review of recent CFPB enforcement action and Supervisory Highlights […]
Credit Card Interest Rate Caps Gain Steam
By Ryan Labriola, Senior Manager Senators Josh Hawley (R-MO) and Bernie Sanders (I-VT) proposed the “10 Percent Credit Card Interest […]
The Need for Sticky Deposits Will Continue
By Ryan Labriola, Senior Manager On January 29, 2025, the Federal Reserve held steady the federal funds interest rate (the […]
Colombian Repatriation and Potential Impacts on Financial Services
By Ryan Labriola, Senior Manager Introduction Recently, U.S. President Donald Trump and Colombian President Gustavo Petro argued about, and subsequently […]
Redlining Red Flags: Lessons from Recent Enforcement Actions
The U.S. Department of Justice (DOJ) continues its “Combatting Redlining” initiative. Since September 18, 2024, the DOJ has filed four […]
More Scrutiny on the Horizon: New Bank Merger Guidelines Raise the Bar
(Originally published in ABA Risk and Compliance, January/February 2025) On September 17, 2024, the OCC, Federal Deposit Insurance Corporation (FDIC), […]
CFPB and DOJ Issue Joint Letter on SCRA Interest Rate Relief
By Ryan Labriola, Senior Manager On December 5, the Consumer Financial Protection Bureau (CFPB) and the United States Department of […]
The Financial Services Outlook in A Second Trump Administration
By Lynn Woosley, Managing Director, Asurity Advisors As a result of the November 2024 elections, the new year will bring […]
CFPB and DOJ Uncover Differential Treatment in Small Business Lending: Implications for Banks and Necessary Actions
By Senior Consultant, Melissa Ettel A recent study by the Consumer Financial Protection Bureau (CFPB) and the U.S. Department of […]