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CFPB and OCC settles claims of alleged unlawful practices for credit card add-on products

CFPB Monitor

The CFPB announced that it has entered into a consent order with First National Bank of Omaha to settle charges that the bank engaged in unfair or deceptive acts or practices in connection with the marketing and sale of credit card add-on products and the billing of consumers for such products.

Cards 84
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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues. Housing has done well, despite median sales price growth which is less than national averages and lower inventories of properties for sale, which may be propping up prices. Consider the trade wars and tariffs.