Tagged: consumer financial protection bureau

Wells Fargo’s Other Victims (Gwen Moritz Editor's Note)

by Gwen Moritz 9/26/2016 12:00 am

Customers of Wells Fargo whose personal information was used to create accounts they didn’t want, need or request were also victims. Those unauthorized accounts could reflect negatively on the unsuspecting customer’s credit score, and that could cost them far more for far longer.

Big Arkansas Banks Gear Up For $10B Threshold

by George Waldon 1/18/2016 12:00 am

Not long ago, crossing the $10 billion-asset threshold for a bank was merely a big round-number achievement. Now, however, banks surpassing $10 billion in assets face additional costs, fee restrictions and new layers of regulatory oversight.

Big Changes Coming to Closing Process (Patrick W. Curry Commentary)

by Patrick W. Curry 6/1/2015 12:00 am

On Aug. 1, the way lenders, real estate agents and title companies work together will change completely. If you’re not prepared for the upcoming changes, you’ll run the risk of delayed closings, lost trust with customers or other challenges brought by new federal regulations.

Mortgage Rule Puts Banks On Notice (Erin Brogdon Commentary)

by Erin Brogdon 11/4/2013 12:00 am

The law that just keeps on giving, the Dodd-Frank Wall Street Reform & Consumer Protection Act, created the Consumer Financial Protection Bureau to draft and implement regulations on banks.

Obama Warns GOP Not to Undo Wall Street Regulations

by Associated Press 10/27/2012 9:29 am

President Barack Obama is warning congressional Republicans not to undo financial regulations he signed two years ago, taking specific note of the work of a consumer agency created by the new law.


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