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The Biden administration may finally be close to naming an acting comptroller of the currency. Whoever gets the interim job or is confirmed to run the agency over the longer term will have a lengthy to-do list, from Community Reinvestment Act reform to deciding the fate of divisive Trump-era rules.
May 6 -
The CFPB’s allegations are similar to unresolved accusations Connecticut first levied against the company in 2018.
January 15 -
The new complaint filed by the lender in the state’s Superior Court is aimed at compelling a January decision on the 2018 allegations.
January 13 -
The Office of the Comptroller of the Currency appears intent on being the federal chartering agency for tech firms with banking ambitions. But some experts say the Consumer Financial Protection Bureau is better suited for the job.
January 12 -
Many states currently have temporary work-from-home guidance for licensed mortgage professionals that extends through at least Dec. 31, but some have fall expiration dates.
September 14 -
The decision is the latest development in an ongoing dispute between the shuttered company and its regulator.
September 1 -
All states that had licensing restrictions related to remote work temporarily lifted them due to the pandemic, but whether those changes could become permanent remains to be seen.
August 17 -
A mortgage company's dispute with Connecticut over what tasks a licensed loan officer needs to handle points to a potential compliance concern for direct and digital lenders seeking to maximize efficiencies.
September 24 -
1st Alliance has ceased lending activities following the loss of bonding in Connecticut, plus financial concerns it links to a state regulatory dispute, but it may later seek to recapitalize.
August 16 -
Nearly half the nation's state regulators have agreed to a new multistate licensing business for money servicers, including fintechs.
June 24