The Federal Financial Institutions Examination Council (FFIEC) invited public comment on proposed revisions to the uniform financial institutions rating system, commonly known as CAMELS, to focus on material financial risk and improve the transparency of ratings. Regulators use the CAMELS rating system to evaluate the safety and soundness of financial institutions and identify those institutions requiring heightened supervisory attention or other supervisory action.
California Gov. Gavin Newsom has appointed former Consumer Financial Protection Bureau Director Rohit Chopra to lead the state’s newly created consumer protection agency. The new agency, known as California’s Business and Consumer Services Agency (BCSA), will oversee a wide range of regulatory and enforcement bodies.
In a significant win for parties seeking to enforce arbitration agreements, the U.S. Supreme Court yesterday issued a unanimous decision in Jules v. Andre Balazs Properties holding that when a federal court stays a case pending arbitration under Section 3 of the Federal Arbitration Act (“FAA”), the federal court retains jurisdiction to later confirm or vacate the resulting arbitration award, even if the post-arbitration motion would not independently satisfy federal subject matter jurisdiction requirements.
To gain an advantage, creditors are organizing their data around three main themes: Speed, Quality, and Resilience. This evolution means moving away from just counting dollars and toward measuring the "health" of the pipeline. By monitoring these leading markers, lenders can spot "red flags" early.
Consumer litigation activity shifted again in March 2026, reversing several of the trends seen the previous month and continuing a broader rise in filings and complaints across multiple areas of consumer finance law.
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