Federal overreach in loan servicing enforcement will hurt consumers
The Consumer Financial Protection Bureau is seeking to protect borrowers from unscrupulous loan servicers. The goal is laudable, but the agency’s methods are misguided.
How the Home Loan Banks’ reform proposals fit into Harris’s housing goal
The Federal Home Loans Bank System is under pressure to fund more affordable housing and has several proposals that may work in tandem with Vice President Kamala Harris' goal of building three million new units in her first term.
Controversial registration drive ineffective so far, SBA head says
Though it has yet to result in any new voters being added to the rolls, SBA is seeking to expand a initiative that has drawn the ire of congressional Republicans, who fear the effort is aimed at boosting Democratic voter
Can banks trust large language models?
A prominent AI expert says the risk of hallucination and error can never be completely eliminated. Experts at BBVA and Celent say those risks can be mitigated.