With new ownership in place, WealthONE aims to become Canada’s next major alt-A bank

July 21, 2025by

After a turbulent start and with the backing of a new ownership group WealthONE is looking to establish itself...

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Other News in Brief

July 21, 2025by

Pawnshop settles MLA lawsuit; CFPB won’t reissue a medical debt collection AO; federal judge vacates medical debt rule; CFPB...

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New California Law to Stall Legitimate Foreclosures

July 21, 2025by

The new law addresses foreclosures on “zombie” second mortgages and creates new standards for subordinate mortgage servicers.

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Banking Examiners Simplify Adverse Action Requirements

July 21, 2025by

Key differences exist between the Equal Credit Opportunity Act’s and the Fair Credit Reporting Act’s adverse action notice requirements.

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States Ramp Up CRA Efforts as Federal CRA Falls Back

July 21, 2025by

New Jersey is the latest state to introduce legislation to establish its own version of the Community Reinvestment Act.

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Bank Regulators Issue New CRA Final Rule Proposal

July 21, 2025by

The federal banking agencies believe returning to the 1995 CRA regulation is the “the most effective” way to provide...

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CFPB Withdraws Rule to Nix State Enforcement Notice

July 21, 2025by

The final rule would have rescinded procedures that require a state official to notify the bureau when they take...

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Republicans in House Plan Major Rollback of DFA

July 21, 2025by

House Republicans want to put a stop to the CFPB’s “regulation by enforcement” among other efforts aimed at scaling...

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House Republicans Introduce Slew of CFPB-Focused Bills

July 21, 2025by

The bills seek to scale back activities at the CFPB, including proposals aimed at Section 1071 small business lending...

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Credit Reporting Complaints Rise in Second Quarter

July 21, 2025by

Most of the complaint categories saw small moves during the second quarter, but consumer discontent regarding credit reporting stood...

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