A platform that can affect a company's reputation--whether it carries consumers' compliments or complaints--must be carefully constructed so it successfully performs its function without unintended negative consequences, CUNA noted in a comment letter to the Consumer Financial Protection Bureau.
Information on student loan servicing practices, particularly involving hurdles to paying back loans, is the subject of a request for information issued by the Consumer Financial Protection Bureau Thursday.
Discussion of a bill to provide a temporary liability safe harbor for the Consumer Financial Protection Bureau’s upcoming mortgage disclosure rule will highlight a hearing conducted today by the U.S. House Financial Services subcommittee on housing and insurance.
WASHINGTON (7/29/15 UPDATED 2:18 p.m. ET)--The Federal Open Market Committee is maintaining the federal funds rate, citing “moderate” expansion of U.S. economic activity in its post-meeting statement this afternoon.