Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
Senate and House semiannual reviews of the federal consumer financial protection agency are now set for next week, Oct. 16 in the House and Oct. 17 in the Senate. The House Financial Services Committee Wednesday […]
Public meetings of the academic research, consumer, community bank, and credit union panels formed to advise the federal agency charged with consumer financial protection are slated about two weeks from now and will focus, among […]
The appointment of 35 individuals across the four panels that advise Consumer Financial Protection Bureau (CFPB) leadership on consumer financial issues and emerging market trends were announced Thursday by bureau Director Kathleen (“Kathy”) Kraninger. The […]
Challenges related to referring to criminal history in background checks for employment purposes are outlined in a new report by the federal consumer financial protection agency released Thursday. In the report – which looks at […]
A group of companies making high-interest credit offers to veterans that are marketed as purchases of the individuals’ future pension or disability payments are being sued in federal district court in the District of South […]
A notice of a correction to a fair lending report issued earlier this year – which details an omission of a complaint of discrimination regarding national origin – is outlined by the federal consumer financial […]
The appraisal threshold for real estate transactions secured by a 1-to-4 family residential property will rise from $250,000 to $400,000 under a final rule issued Friday by federal banking agencies, but banks will still be […]
Spurred by the impact of new bankruptcy law provisions that limited discharge of debts, a “rush” to file occurred in 2005 as 80% of all personal bankruptcy filings that year were made under Chapter 7 […]
The filing instructions guide (FIG) for data collected in 2020 for reporting in 2021 under the Home Mortgage Disclosure Act (HMDA) is available now, along with a new Supplemental Guide for Quarterly Filers, the Consumer […]
Five individuals have been named to executive-level posts in divisions responsible for supervision, research, consumer education, and more at the Consumer Financial Protection Bureau (CFPB), the bureau announced Wednesday. The bureau provided the following: Karla […]
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