As 2024 gets off the ground, federal regulators are continuing their focus on fair lending issues. In February, the Federal Financial Institutions Examination Council (FFIEC) released a statement on examination principles related to valuation discrimination and bias in residential lending.
In prepared remarks for congressionally mandated appearances on Capitol Hill Wednesday and Thursday, Powell said policymakers remain attentive to the risks that inflation poses and don’t want to ease up too quickly.
LANSING – As part of the Federal Trade Commission’s (FTC) National Consumer Protection Week, Michigan Attorney General Dana Nessel is encouraging residents to “Slam the Scam” on March 7.
Nevada is one of the worst states in the nation when it comes to offering consumer debt protections, according to a new analysis by the National Center for Access to Justice at Fordham Law School. Nevada ranked 47th in the nation on NCAJ’s Consumer Debt Litigation Index, which analyzes states against 24 specific policies designed to protect consumers.
The national average credit score, which has steadily increased over the last decade, fell to 717 from a high of 718 in the beginning of 2023, according to a report from FICO, developer of one of the scores most widely used by lenders. FICO scores range between 300 and 850.