While home prices and interest rates often command headlines, there are many other forces at play that are pushing costs up for both mortgage lenders and for homeowners, which can make it harder for families purchasing a home.
In a notable development for debt collection in Wisconsin, the Great Lakes Credit & Collection Association (GLCCA) has played a pivotal role in securing updates to the state’s debt collection statutes after several years of collaboration with the Wisconsin Department of Financial Institutions (WDFI). The result of this collaborative effort is Wisconsin Act 267, formerly Senate Bill 668, signed into law by Wisconsin Governor Tony Evers on April 4, with an effective date of January 1, 2025.
The Supreme Court on Thursday rejected a challenge to the constitutionality of the structure used to fund the Consumer Financial Protection Bureau, the federal agency tasked with enforcing consumer finance laws. By a vote of 7-2, the justices reversed a decision by a federal appeals court in Louisiana, which had ruled that the agency’s funding violates the Constitution because it comes from the Federal Reserve rather than through the congressional appropriations process.
Social media can connect us to friends and family across the country — but it can also connect us to scammers. Impersonators on TikTok, Instagram, and Facebook are pretending to sell exotic animals to try and get people’s money. Here’s how to spot and avoid these scammers.
Today, Federal Trade Commission Chair Lina M. Khan announced that an open meeting of the Commission will be held virtually on Thursday, May 23, 2024. The open meeting will commence at 1 pm ET and will begin with time for members of the public to address the Commission.
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