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August

4
2023
Industry News

Recent Developments in Section 1071

Over the last several weeks, there have been two significant developments involving Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection.

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August

4
2023
Industry News

About 1.7 million Oregon Health Plan members affected by data breach

In a year that has already seen a host of large breaches of private health data, the Oregon Health Authority is urging customers to take action following another significant incident.

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August

3
2023
Trends

Banks Tighten Lending Standards As Demand Wanes

Consumers and businesses may find it more difficult to get loans as banks tightened their lending standards terms over the last three months, according to the Federal Reserve’s recently issued July 2023 Senior Loan Officer Opinion Survey (SLOOS).

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August

3
2023
Trends

From the Web: Auto Loan Rejection Rates Soar Amid Borrowing Challenges

Car buyers are finally witnessing an improvement in the availability of cars and a leveling off of prices, according to a recent article from USA Today. However, they now face significant borrowing challenges that may hinder their plans to get a new ride.

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August

3
2023
Industry News

Credit union to buy Seattle’s First Sound Bank

Lakewood, Washington-based Harborstone Credit Union has agreed to buy Seattle-based First Sound Bank in a deal expected to close by the first quarter of 2024, according to a press release Tuesday.

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