CFPB – Page 15 – Regulatory Report

What's up

[ November 7, 2025 ] FDIC reduces consumer compliance exam, CRA eval frequency for most FDIC
[ November 6, 2025 ] Controversial rating framework easing ‘well-managed’ score for large BHCs finalized by Fed The Fed
[ November 6, 2025 ] Two banks in KS, MT consent to small fines for violations of flood insurance rules The Fed
[ November 6, 2025 ] FDIC offers banking reg relief to help storm-hit areas in AK, MN FDIC
[ November 3, 2025 ] Lending standards tighter in 3rd quarter for C&I as demand grows; household loan standards unchanged The Fed

Long hold times, inaccurate billing statements, more noted in CFPB review of student loan repayment resumption

January 5, 2024 0

The federal consumer protection agency on Friday issued a report on observations regarding borrowers’ return to federal student loan repayment that it says may hold serious implications for not only borrowers but the broader economy. […]

Filing period for 2023 HMDA data now open, with March 1 submission due date

January 4, 2024 0

Filings for data collected last year under home mortgage disclosure requirements are due by March 1, the federal consumer financial protection agency said Thursday, noting that the filing period opened on Jan. 1. The Consumer […]

Asset-size exemption thresholds rise in 2024 for mortgage data collection, certain mortgage escrow requirements

December 21, 2023 0

The asset-size exemption thresholds for financial institutions required to collect Home Mortgage Disclosure Act (HMDA) data and, separately, to establish escrow accounts for higher-priced mortgage loans will rise in 2024, according to Federal Register notices […]

U.S. Bank slapped with $36 million in separate fines alleging ‘illegal conduct,’ unfairness related to unemployment benefits access

December 19, 2023 0

Fines totaling $36 million were announced Tuesday against the fifth largest bank firm in the nation for “illegal conduct” during the coronavirus crisis related to access and payment of unemployment benefits, two regulators said. In […]

Colleges may continue to mislead students into high-fee financial products, report asserts

December 19, 2023 0

Many college-sponsored financial products have higher fees and worse terms and conditions compared to typical market products according to a report issued Tuesday by the federal consumer financial protection agency. According to its 2023 student […]

Overdraft fees still catch many consumers by surprise, survey finds; low-income households pay most

December 19, 2023 0

More than a quarter of consumers say someone in their household was charged an overdraft fee or NSF fee within the past year, even though many banks and credit unions have dropped the fees, the […]

Agency shutters medical debt collector after consumers complained about unverified bills

December 18, 2023 0

Alleged illegal attempts to collect unverified medical debts after consumers disputed their validity spurred the federal consumer financial protection agency to close down a bill collector and fine it $95,000, the agency said Friday. According […]

VA bank to pay ‘no less than’ $5 million in consumer redress, $1.2 million fine for illegal overdraft practices

December 7, 2023 0

Illegal overdraft practices are at the center of a consent order announced Thursday that requires Atlanta Union Bank (AUB), a subsidiary of Atlantic Union Bankshares Corporation (Richmond, Va.), to pay $5 million in redress to […]

$12 million fine ordered against BofA after loan officers lied about mortgage data to federal regulators

November 28, 2023 0

A $12 million penalty is imposed on Bank of America (BofA) for the acts of submitting false mortgage lending information to the federal government for at least four years, the federal consumer financial protection agency […]

$60 million in redress, fine ordered for automaker credit arm in alleged efforts to withhold refunds, provide false data

November 20, 2023 0

A $60 million payment for fines and consumer redress was ordered against a carmaker’s lending arm for allegedly directing customers to a dead-end cancellation hotline, withholding refunds, and “knowingly” tarnishing credit reports with false data, […]

« 1 … 13 14 15 16 17 … 136 »

FDIC reduces consumer compliance exam, CRA eval frequency for most

November 7, 2025 0

A revised consumer compliance examination manual provides for less-frequent consumer compliance exams for most supervised banks, the Federal Deposit Insurance Corp. (FDIC) said in a Financial Institution Letter (FIL) Friday. The agency said its updated manual also establishes a new [...]
Controversial rating framework easing ‘well-managed’ score for large BHCs finalized by Fed

November 6, 2025 0

Finalized changes to the supervisory rating framework for large bank holding companies were released by the Federal Reserve late Wednesday, which were proposed by a divided agency board. The Fed said the revised rating framework “more accurately reflect the strength [...]
Two banks in KS, MT consent to small fines for violations of flood insurance rules

November 6, 2025 0

Relatively small fines were assessed to two small banks in Montana and Kansas, the Federal Reserve said Thursday, for penalties related to violations of flood insurance regulations. The Fed said that The Halstead Bank of Halstead, Kansas, and Belt Valley [...]
FDIC offers banking reg relief to help storm-hit areas in AK, MN

November 6, 2025 0

Eased regulatory requirements for banks serving areas hit by storms last month in Alaska and this June in Minnesota were announced Thursday by the Federal Deposit Insurance Corp. (FDIC). In two Financial Institution Letters (FILs), the FDIC pointed to the [...]
Lending standards tighter in 3rd quarter for C&I as demand grows; household loan standards unchanged

November 3, 2025 0

Tighter lending standards for commercial and industrial (C&I) loans were prevalent in the year’s third quarter, while loan standards for households were largely unchanged, the Federal Reserve said Monday. Demand was up for the C&I loans, the agency said, from [...]
10 banks earn top CRA ratings; none tagged with lowest scores of ‘needs improvement,’ ‘substantial noncompliance’

November 3, 2025 0

Ten banks, out of 76 examined, earned “outstanding” ratings for their compliance with anti-redlining laws, two federal bank regulators said Monday. In reporting on Community Reinvestment Act (CRA) ratings, the Office of the Comptroller of the Currency (OCC) and the [...]
Agency reminds of grant availability for low-income credit unions

November 3, 2025 0

Credit unions with the National Credit Union Administration’s (NCUA) low-income designation can still apply by Dec. 16 for a portion of the more than $3.4 million in grants being made available by the agency, according to a release Monday. The [...]