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Nissan is latest automaker to apply for ILC charter

Nissan this week became the latest automaker to apply to form an industrial loan company in Utah.

Jun 25, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

FHA seeks input on the effect of BNPL loans on housing affordability

The Federal Housing Administration published a request for information regarding “buy now, pay later” unsecured debt.

Jun 25, 2025
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Article
Mortgage Lending

ICBA to CFPB: Section 1033 should not be mandated for community banks

ICBA told the CFPB that community banks already meet the requirements of Section 1033 of the Dodd-Frank Act by providing consumers with electronic access to their financial data through online...

Jun 24, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

Fed’s Bowman: Community bank leverage ratio should be recalibrated

Federal Reserve Vice Chair for Supervision Michelle Bowman said the Fed should reconsider capital requirements for a wide range of banks, including the calibration of the community bank leverage...

Jun 24, 2025
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Article
Federal Reserve