CFPB – Page 107 – Regulatory Report

What's up

[ August 31, 2022 ] Bank financial results for second quarter to be unveiled next week FDIC
[ August 31, 2022 ] Former PA credit union exec barred from future FI service NCUA
[ August 30, 2022 ] Consumer bureau unveils HMDA quarterly graphs tool CFPB
[ August 31, 2022 ] Credit union regulator, emergency agency plan session on resiliency in the face of climate-related disasters NCUA
[ August 31, 2022 ] Comptroller sets CRA exam schedules for 4Q ’22, 1Q ‘23 OCC

Compliance bulletin focuses on ‘production incentives’

January 17, 2017 0

“Production incentives” are the topic of a compliance bulletin published today by the CFPB, which highlights examples where incentives “contributed to substantial consumer harm” and which describes compliance management steps CFPB-supervised entities should take to […]

Survey: ‘troubling problems’ in debt collection industry

January 12, 2017 0

More than one in four consumers contacted by debt collectors feel threatened – and three in four of consumers report that debt collectors do not honor their request that collectors leave them alone, according to […]

House Dems to Trump: Firing Cordray tempts protracted legal battle

January 11, 2017 0

House Democrats in a letter have urged President-elect Donald Trump to reject calls to fire CFPB Director Richard Cordray, made in an earlier letter from Republican senators. In their letter on Tuesday, signed by Rep. […]

Senators call on Trump to fire Cordray (despite appeal)

January 10, 2017 0

Donald Trump, “promptly after his inauguration” as president, should fire CFPB Director Richard Cordray, two senators have written to the vice president-elect, despite an on-going legal battle over whether the director may be fired before […]

Chief of staff, other leadership positions named

January 7, 2017 0

Leandra English will be the CFPB’s chief of staff, returning to an agency she served previously as deputy chief operating officer and in other senior positions, the bureau announced today while also naming several other […]

Nearly 40% of older student borrowers in default, report finds

January 5, 2017 0

Nearly 40 percent of federal student loan borrowers age 65 and older were in default in 2015, according to a report released today by the CFPB, as many borrowers deal with payments on student loans […]

Credit raters fined, ordered to ‘truthfully represent’ value

January 4, 2017 0

Declaring that two credit rating agencies “lured consumers into costly recurring payments for credit-related products with false promises,” the CFPB Tuesday ordered Equifax, Inc., and TransUnion to pay fines and restitution totaling $23.1 million and […]

Collecting on debt already paid leads complaints

January 2, 2017 0

Attempts to collect on a debt that has already been paid is the source of the most common complaint about collections, according to the CFPB’s latest monthly complaint snapshot released Dec. 27. According to the […]

Nominations for CFPB advisory board, councils due March 1

December 27, 2016 0

Nominations for appointment to three of CFPB’s advisory groups (councils and board) representing banks, credit unions and consumers will open Jan. 16, with completed applications due by March 1. The bureau expects to announce selection of […]

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