CFPB – Page 131 – Regulatory Report

What's up

[ April 30, 2025 ] 2 Dems in Senate, House want IG to investigate NCUA Board member firings NCUA
[ April 30, 2025 ] Regulator closes small New Jersey credit union with ‘no prospect for restoring viable operations’ NCUA
[ April 30, 2025 ] Three former credit union workers prohibited in April, agency reports NCUA
[ April 29, 2025 ] NCUA Board now lacks a quorum, according to suit by Harper, Otsuka challenging their firings from board NCUA
[ April 29, 2025 ] Acting OCC leader sees AI as powerful, links its use to financial inclusion efforts OCC

9 principles aim to protect consumers in authorizing third-party access to financial data

October 19, 2017 0

Principles for protecting consumers when authorizing third-parties to access their financial data for financial products and services were unveiled Wednesday by the Consumer Financial Protection Bureau (CFPB), with an aim of fostering development of “innovative […]

Bureau sets ‘preventing harm to consumers’ as top goal in new strategic plan

October 18, 2017 0

A draft strategic plan that lists its top goal as “preventing harm to consumers while promoting good practices that work for consumers, responsible providers, and the economy as a whole” has been posted by the […]

Comments due Nov. 17 on Reg Z ‘periodic statements’ adjustment

October 17, 2017 0

Comments will be due Nov. 17 on a proposal that aims to provide “more certainty” for mortgage servicers about when to provide periodic statements to consumers about their bankruptcy case. The proposal, issued by the […]

Bureau asserts complaints yielded $750M in student loan relief

October 17, 2017 0

Complaints by student loan borrowers have driven actions that have produced more than $750 million in relief for student loan borrowers and strengthened the student loan repayment process for millions more, the Consumer Financial Protection […]

Comptroller, CFPB director square off over ‘arbitration rule’ in writings

October 14, 2017 0

Two top federal financial institution regulators are squaring off over the “arbitration rule” by the Consumer Financial Protection Bureau (CFPB) which take effects early next year, with both questioning the data used by the other […]

Bureau sues debt relief companies for claim of federal affiliation

October 12, 2017 0

Two debt relief companies that allegedly claimed falsely that they are affiliated with the federal government were sued Thursday by the Consumer Financial Protection Bureau (CFPB). The bureau also alleged that the companies falsely promised […]

Evaluating borrower’s chance of success principle behind payday loan rule

October 5, 2017 0

The principle that lenders must actually evaluate the borrower’s chances of success before making a loan is just plain common sense, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray told the press Thursday in conference […]

Final ‘payday lending’ rule requires ‘full payment test’ in determining if borrowers can repay

October 5, 2017 0

A final rule requiring payday lenders and others to determine upfront whether consumers can repay their loans was issued Thursday by the Consumer Financial Protection Bureau (CFPB), covering payday loans, auto title loans, deposit advance […]

Rule, proposal aim to improve communications with troubled mortgage borrowers

October 4, 2017 0

Mortgage servicers would receive 10 more days to tell borrowers facing foreclosure — who have requested a cease in communication under federal debt collection law — about their options in preventing the foreclosure, under an […]

CFPB mum on comptroller charge that arbitration rule raises credit cost

October 2, 2017 0

No response has been made yet by the Consumer Financial Protection Bureau (CFPB) to an allegation that removing arbitration clauses for financial products and services raises costs of credit by about 25%. Acting Comptroller of […]

« 1 … 129 130 131 132 133 … 135 »

2 Dems in Senate, House want IG to investigate NCUA Board member firings

April 30, 2025 0

The ranking Democrats on the U.S. Senate Banking Committee and House Financial Services Committee on Tuesday called for an inspector general investigation of the president’s recent firings of National Credit Union Administration (NCUA) Board Members Todd Harper and Tanya Otsuka. [...]
Regulator closes small New Jersey credit union with ‘no prospect for restoring viable operations’

April 30, 2025 0

A small New Jersey credit union was liquidated Wednesday by the federal credit union regulator after the agency said it had found the cooperative to be insolvent. The National Credit Union Administration (NCUA) said it liquidated Unilever Federal Credit Union [...]
Three former credit union workers prohibited in April, agency reports

April 30, 2025 0

Three former credit union workers were prohibited in April from further work in federally insured financial institutions, the federal regulator announced Wednesday. The National Credit Union Administration (NCUA) said the three individuals were: Anh-Thu Nguyen, a former worker of Goldenwest [...]
NCUA Board now lacks a quorum, according to suit by Harper, Otsuka challenging their firings from board

April 29, 2025 0

A lawsuit filed Monday by the two Democrats fired recently from their board posts at the National Credit Union Administration (NCUA) seeks their reinstatement and asserts that with its two vacancies, the NCUA Board now lacks the quorum required to [...]
Acting OCC leader sees AI as powerful, links its use to financial inclusion efforts

April 29, 2025 0

Calling artificial intelligence (AI) a “powerful technology,” the regulator of national banks said Tuesday it can be used to help banks make more informed decisions – but only if it is built and used responsibly, such as in supporting financial [...]