The CFPB warned auto loan servicers about repossession practices that could create the potential for violations of the prohibition on engaging in unfair, deceptive or abusive acts or practices.

A new report shows that medical debt is the most common collections tradeline on consumer credit reports and out of every 100 Americans, between 18 and 35 people have medical debt in collections.

Organizations representing workers across various sectors raised concerns regarding increasing employer-driven debt and the rise of new surveillance technology tools.

The Connecticut Supreme Court upheld the revocation of the now-shuttered company’s mortgage license by the state Department of Banking in 2019 for failure to maintain a surety bond.

CFPB seeks input from data analysts; GOP lawmakers seek documents regarding FDIC vote on review of bank merger rules; Virginia amends consumer data protection law; Utah passes privacy law; Chopra comments on Executive Order regarding cryptocurrencies.

Maintaining contact with potential borrowers through Truebill could lower the lender’s cost to acquire consumers, according to Rocket Mortgage CEO Jay Farner.

The bill seeks to address the transition of “tough legacy” contracts away from the London Interbank Offered Rate.

The consortium of mortgage lenders hopes to have 20 Walmart locations by the end of year. The co-op also launched a credit reporting agency and loan automation service for members.

Lenders One also recently launched a credit reporting agency...

Momentum for aircraft securitizations won’t come until late 2022, according to Fitch. Sanctions on Russia and damage to planes in Ukraine could sink certain deals.