Marketing Intelligence Shows Consumer Retail Spending Is Trending Upward- Retail spending continues to trend up from a year ago, showing encouraging signs that consumer confidence is growing in a positive direction.
New Large Bank Pricing Rule- he revised rule attempts to address lenders’ concerns that they would be unable to comply with the new rule’s provisions, particularly the added requirement of reporting subprime and leveraged consumer loans
A new CFPB proposed rule defines large, third-party debt collectors as susceptible to the bureau’s nonbank supervision program. They’re also working to make financial disclosure forms simpler.