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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On June 8, the board of governors for the Federal Reserve (the Fed), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), and the OCC requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions.

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How Credit Unions and Regional Banks Can Execute Strong Customer Acquisition Campaigns

Fico Collections

For credit unions and smaller banks in North America, the challenge of how to compete with their bigger counterparts is a constant and pressing matter. These solutions provide great benefits once an account has been originated, however they lack effective tools for the acquisition stage of the lifecycle.

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How to Remove ConServe from Your Credit Report

Better Credit Blog

ConServe is a debt collection agency that may contact you regarding unpaid debts. They are notoriously difficult to work with, and their presence on your credit report can mean trouble for your score in the long run. This means that you could be denied credit cards, mortgages, and other financial loans down the road.

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The Opportunity for Credit Unions and Regional Banks to Win over Big Bank Customers

Fico Collections

According to research from Equifax, the 2008 recession had an unexpected and interesting effect on credit unions. While market volume was down across the board in auto loan and bank card originations: Credit unions increased their market share by about 15% in auto loan origination. Pain points in prescreen marketing.

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How Financial Technology Partners can Help with Customer Acquisition Campaigns

Fico Collections

For credit unions and smaller banks in North America, the challenge of how to compete with their bigger counterparts is a constant and pressing matter. These solutions provide great benefits once an account has been originated, however they lack effective tools for the acquisition stage of the lifecycle.