How one industry group is challenging the CFPB’s BNPL rule
The Consumer Financial Protection Bureau will soon have to defend its interpretive buy now/pay later rule in court following an industry advocacy group lawsuit. Here’s what’s at stake.
Changes coming to the Fed in a Trump presidency
At a minimum, president-elect Donald Trump can make two appointments to the Federal Reserve Board of Governors and choose new leadership. But more substantial changes could be in the offing.
Guild Mortgage takes earnings hit from servicing portfolio
Value adjustments to Guild's MSRs totaled a loss of $145.8 million, the nonbanks third quarter earnings show.
Company behind cash-advance app takes Election Day roller-coaster ride
Los Angeles-based Dave got sued Tuesday by the Federal Trade Commission. Its stock price briefly plunged before soaring in the wake of Donald Trump's election.