Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
Information about the consumer credit card market – including experiences of consumers and providers, and on the overall health of the credit card market – is being is being sought by the Consumer Financial Protection […]
Final policy guidance describing modifications that the federal consumer financial protection agency intends to apply to loan-level data that financial institutions report under the Home Mortgage Disclosure Act (HMDA) and Regulation C before the data […]
Title: Home Mortgage Disclosure (Regulation C) Adjustment to Asset-Size Exemption Threshold Subject: Reg C Agency: CFPB Status: Final rule Summary: The Bureau of Consumer Financial Protection (Bureau) is amending the official commentary that interprets the […]
A rolling three-month comparison of consumer complaint volumes shows a 26% increase in the number of complaints about prepaid cards and notable declines in the number received regarding student loans and consumer credit reporting, a […]
The recent end to the partial federal government shutdown has freed the Federal Register to resume publication of federal agency rulemaking notices received over the past several weeks, among them two Consumer Financial Protection Bureau (CFPB) […]
“Trouble during payment process” and “struggling to pay mortgage” were the leading complaints consumers had about mortgages between November 2016 and October 2018, the federal consumer financial protection agency said in a “snapshot” Tuesday – […]
A shake-up of senior staff of the federal consumer financial protection agency was announced late Friday, as new Director Kathleen (“Kathy”) Kraninger took steps to make her own mark on the agency. The Consumer Financial […]
A settlement between Enova International, Inc., an online lender that extends unsecured payday and installment loans, and lines of credit based in Chicago, Ill., and the Consumer Financial Protection Bureau (CFPB) requires Enova to pay a […]
There’s been no word yet, as of press time, from the Consumer Financial Protection Bureau (CFPB) on future plans for its payday lending rule, but the Federal Deposit Insurance Corp. (FDIC) website shows 60 letters […]
Credit or consumer reporting and debt collection continue to be the most-complained-about consumer financial products or services reported by military servicemembers, according to a report released Thursday by the federal consumer financial protection agency. In […]
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