Links in “Agencies”

World Acceptance Corporation, one of the largest consumer finance companies in the country, has plunged 22% in its shares. The cause of this drop is due to the CFPB, who may be taking legal action against World. [8/11/15]

After HUD took action against two Texas lenders for 11 alleged violations of Fair Housing Administration (FHA) rules, deceptive fees, and quality control and annual certification violations, it was decided that these lenders will pay a civil money penalty of $169,419 and will no longer be FHA approved. [8/11/15]

NACHA has partnered with PYMNTS.com to present a one-day symposium in October focusing on faster payments and innovation. [8/11/15]

FinCEN has renewed its Geographic Targeting Order (GTO) in Southern California, and has placed a new GTO on eight major ports in Texas. The reasoning? The enhanced transparency of cross-border money movements. [8/10/15]

Thomas J. Curry from the OCC speaks about the future of “fintech,” or financial technology. Read his full remarks here. [8/10/15]

A South Dakota property owner was charged with discrimination for refusing to allow a resident with disabilities the use of his wheelchair in the apartment. This charge will be taken to court and damages will be paid based on the judge’s decision. [8/3/15]

CFPB took action against Residential Credit Solutions, Inc. for blocking consumers' attempts to save their homes from foreclosure. The mortgage servicer failed to honor modifications for loans transferred from other servicers, treated consumers as if they were in default when they weren't, sent consumers escrow statements falsely claiming they were due a refund, and forced consumers to waive their rights in order to get a repayment plan. [7/31/15]

FDIC makes public June Enforcement Actions taken against banks and individuals in June. There were 42 orders including nine civil money penalties and one notice of charges. No administrative hearings are scheduled for August 2015. [7/31/15]

If your customers or members have a payday loan, they should know they're not alone, and that they should watch this video. Payday loans can have higher interest rates and fees than other loans, and may not always be the best option. [7/30/15]

People from all over participated in National Day of Civic Hacking, where technology enthusiasts are invited to provide input on government information. The CFPB participated and received input regarding its consumer complaint database and public HMDA database. [7/30/15]