By Ballard CFS Group on August 13, 2026 POSTED IN CFPB, CFPB GENERAL CFPB guidance on ability to repay, immigration status, and fair lending creates a difficult compliance dilemma for creditors. The CFPB’s June 5, 2026 statement on “Ability to ...

Rising card balances are likely to create more collection inventory—but not necessarily easier recoveries. For agencies, attorneys, debt buyers and creditor recovery teams, the central challenge is turning higher placement volume into sustainable, compliant liquidation when many consumers have limited ...

Record July deployments and a larger legal-collections contribution underscore Jefferson Capital’s push into a more complex auto receivables market. MINNEAPOLIS — Jefferson Capital reported second-quarter collections of $300.9 million, up 18% from a year earlier, as the debt buyer and ...

A coalition of consumer and housing advocacy organizations is urging the Consumer Financial Protection Bureau (CFPB) to preserve key mortgage borrower protections, warning that proposed changes to federal lending rules could leave consumers vulnerable to predatory practices and unaffordable loans ...

The Pioneer Trust and Savings Bank Building,4000 W. North Ave., in Humboldt Park on July 29, 2024. Credit: Colin Boyle/Block Club Chicago HUMBOLDT PARK — The redevelopment of the abandoned Pioneer Trust & Savings Bank is in limbo as its ...

Trade groups say targeted TRID reforms could reduce compliance friction and closing delays while preserving useful borrower information. WASHINGTON — America’s Credit Unions has joined six financial-services and housing trade groups in asking the Consumer Financial Protection Bureau to revise ...

FTC shuts down company accused of social media investment scheme The Federal Trade Commission (FTC) has shut down International Markets Live, a company accused of running a social media-based investment scheme, and forced it to surrender $90 million in assets ...

The UK’s largest companies pay supplier invoices by the day payment is due on fewer than one in seven occasions, new research reveals. Businesses employing more than 1,000 people paid suppliers on time just 15% of the time in March ...

The Federal Deposit Insurance Corporation (FDIC) is advancing plans to create an independent organization dedicated to developing and applying uniform benchmarks for third-party vendors that supply services to banks. Working alongside banking and financial technology industry groups, the agency aims ...