CFPB – Page 16 – Regulatory Report

What's up

[ July 3, 2025 ] Violations in 2024 of TIL and flood insurance once again were tops for banks; HMDA abuses move up the charts FDIC
[ July 3, 2025 ] 7 banks ‘outstanding,’ 64 ‘satisfactory’ for CRA, FDIC reports in latest disclosure FDIC
[ July 1, 2025 ] NCUA shutters small IL credit union after 12-day conservatorship; third to close in two weeks NCUA
[ July 1, 2025 ] Seven banks – including Bank of China branches – earn top ratings for CRA compliance OCC
[ June 30, 2025 ] Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession The Fed

Apple Pay, Google Pay, other ‘Big Tech’ payments firms would face CFPB oversight from proposal

November 7, 2023 0

Larger nonbank companies that offer digital payment apps and wallets – including Apple Pay and Google Pay – would be subject to the same rules as banks, including examinations, under a rule proposed Tuesday by […]

Report outlines state community reinvestment laws, which apply in many cases beyond banks

November 2, 2023 0

A report on state community reinvestment laws – which take their own approach, separate from federal law, to preventing redlining – was released Thursday by the federal consumer financial protection agency. The Consumer Financial Protection […]

‘Fast facts’ aim to shed light on who, what, how coverage of proposed ‘personal financial data rights’ rule works

November 1, 2023 0

A “fast facts” sheet on a proposal to give consumers ostensibly have control over data about their financial lives and aimed at giving consumers new protections against companies misusing their data was issued Wednesday by […]

Consumer bureau advisory councils to meet in mid-November

November 1, 2023 0

Public meetings of the three councils that advise the Consumer Financial Protection Bureau (CFPB) on its responsibilities under federal consumer financial protection laws are slated for Nov. 14, 15, and 16, according to notices published […]

Comments due Dec. 29 on CFPB’s consumer financial data access proposal

October 31, 2023 0

A proposed rule detailing how depository and nondepository entities must make consumers’ financial transaction and account data available to consumers and authorized others is out for comment until Dec. 29, according to a notice Tuesday […]

Required Rulemaking on Personal Financial Data Rights

October 31, 2023 0

Title: Required Rulemaking on Personal Financial Data Rights Subject: Consumer access to data Agency: CFPB Status: Proposed rule Summary: The Consumer Financial Protection Bureau (CFPB) is proposing a rule to implement personal financial data rights […]

CFPB: Credit card late fees, like other card costs, have risen above pre-pandemic levels, remain ‘most significant’ in cost, frequency

October 26, 2023 0

Credit card companies charged consumers more than $105 billion in interst and more than $25 billion in fees in 2022, with late fees described in a report released Thursday as the “most significant” fee assessed […]

Bureau unveils new rule proposal aimed at giving consumers more control over their financial data

October 19, 2023 0

Consumers would ostensibly have control over data about their financial lives and “would gain new protections against companies misusing their data,” the federal consumer protection agency said Thursday in proposing a new rule. The Consumer […]

App alleged to have cheated users on international money transfers, deceiving them about speed, costs

October 17, 2023 0

Cheating users on international money transfers is alleged in a complaint issued Tuesday against a widely used mobile app by the federal consumer financial protection agency. In a release, the Consumer Financial Protection Bureau (CFPB) […]

DOJ, CFPB remind FIs that ECOA protects credit applicants regardless of immigration status

October 12, 2023 0

The Equal Credit Opportunity Act’s (ECOA) protections against discrimination apply regardless of a credit applicant’s immigration status, the Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) underscored in a joint statement Wednesday. […]

« 1 … 14 15 16 17 18 … 135 »

Violations in 2024 of TIL and flood insurance once again were tops for banks; HMDA abuses move up the charts

July 3, 2025 0

The two most common violations of consumer compliance supervision in 2024 were those related to truth-in-lending and mandatory flood insurance – pretty much the same results reported in 2023 — according to an annual report issued Thursday by the federal [...]
7 banks ‘outstanding,’ 64 ‘satisfactory’ for CRA, FDIC reports in latest disclosure

July 3, 2025 0

Seventy-one banks whose performance ratings under the anti-redlining Community Reinvestment Act (CRA) were announced Thursday were all rated either “outstanding” or “satisfactory,” according to the Federal Deposit Insurance Corp. (FDIC). The information, which the FDIC said became publicly available in [...]
NCUA shutters small IL credit union after 12-day conservatorship; third to close in two weeks

July 1, 2025 0

A tiny credit union that was placed into conservatorship June 18 was closed by its federal regulator July 1, the agency said in a release that alleged violations of federal law and rules. It is the third credit union the [...]
Seven banks – including Bank of China branches – earn top ratings for CRA compliance

July 1, 2025 0

Seven banks – including two branches of the Bank of China – received the highest ratings for compliance with rules implementing anti-redlining laws, according to scores released Tuesday by the national bank regulator. The ratings for compliance with Community Reinvestment [...]