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April

18
2023
Industry News

Despite SVB collapse, FDIC on track to recoup insurance losses: Chair

(Reuters) - Despite the second- and third-largest bank failures in U.S. history last month, the U.S. Federal Deposit Insurance Corporation remains on track to refill its deposit insurance fund ahead of a 2028 legal deadline, the head of the agency said Tuesday.

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April

18
2023
Industry News

AG Ferguson, Rep. Slatter bill creating health data privacy protections passes Legislature

OLYMPIA Today the Legislature passed a bill Attorney General Bob Ferguson partnered on with Rep. Vandana Slatter, D-Bellevue, to close the gap on health data privacy protections, provide Washingtonians more control of their health data and protect those who come from out of state to access reproductive and gender-affirming care.

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April

18
2023
Industry News

CFPB reports on Section 1033 rulemaking

The CFPB recently released a final report issued by the Small Business Review Panel (Panel), which examines the impact of the Bureau’s proposals to address consumers’ personal financial data rights.

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April

18
2023
Industry News

Save the Date! CFPB Field Hearing with Director Rohit Chopra in Brooklyn, NY on April 26, 2023

On Wednesday, April 26, 2023, the Consumer Financial Protection Bureau (CFPB) will visit Brooklyn, New York, where Director Rohit Chopra will host a discussion with local community organizations, advocates, leaders, and members of the public about “zombie” second mortgages — debts that consumers thought were satisfied long ago by loan modifications or bankruptcy proceedings or that were written off by lenders as uncollectable — and other debt collection issues.

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April

17
2023
Industry News

Senate gives early approval to bill shifting police out of repossession business

State lawmakers are moving to get police out of the business of being repossession workers for auto dealers and title loan companies. Legislation given preliminary approval Wednesday by the Senate would repeal laws that make it a crime to fail to return a motor vehicle after having skipped payments.

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