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Gene Kotulskiy

Dodd-Frank Act Provides New Requirements For Credit Scores - 0 views

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    Credit scores were also affected by the financial reform performed mostly by the Dodd-Frank Act. The new rules lead to confusion among consumers.
Gene Kotulskiy

Consumer Financial Protection Bureau Targets Non-Bank Industries - 0 views

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    Consumer Financial Protection Bureau that was created under the Dodd-Frank Act is now considering the non-bank industries which fall under its regulation.
Gene Kotulskiy

Business Groups Sent "Wish List" For Consumer Financial Regulation - 0 views

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    Business groups claim for the more careful consumer finance regulation. The director of the CFPB is not confirmed yet.
Gene Kotulskiy

Checking Account Holders Can Choose Banking Fees - 0 views

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    New pilot program provided by some large national banks lets checking account holders choose banking fees. Is it possible?
Gene Kotulskiy

Fed Releases Wall Street Emergency Loan Data - 0 views

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    US Supreme Court rules Fed to release the data related to the emergency loans provided to Wall Street banks and firms during the financial crisis.
Gene Kotulskiy

CFPB Tests New Mortgage Disclosure Forms - 0 views

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    Consumer Financial Protection Bureau seeks to simplify the mortgage disclosure forms in order to make the information more understandable for consumers.
Gene Kotulskiy

US Risk-Retention Rule Exempt Loans With Strict Underwriting - 0 views

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    The new risk-retention proposal may exempt the loans with strict underwriting. Lenders can get a package of options after the rule approval.
Gene Kotulskiy

Fed Has To Face Bank's Lawsuit - 0 views

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    TCF National Bank has provided a lawsuit over the new rules concerning debit card transaction fees. Will the lawsuit affect financial reform?
Gene Kotulskiy

Banks Block Debit Card Reward Programs - 0 views

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    Financial reform brings a lot of changes. Some banks have already blocked the debit card reward program due to the strict measures.
Gene Kotulskiy

Lawmakers Accuse Regulators Of Overstepping Authority - 0 views

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    US regulators were accused by the lawmakers who went too far on lending rule. They overstepped their authority and ignored the intents of the Congress.
Gene Kotulskiy

Surging Peer-To-Peer Lending Could Require Extra Regulation - 0 views

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    Peer-to-peer lending industry grows rapidly in recent years and could require additional regulation. The CFPB will play an important role.
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