CFPB

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

Final rule bans lenders from ‘setting borrowers up to fail’ through PACE loans for solar panels, disaster readiness

December 17, 2024 0

Lenders would be banned from “setting borrowers up to fail” for loans on clean energy – such as those for solar panels — and disaster readiness loans paid back through property tax bills under a […]

Report targets ‘unlawful activities’ across student loan markets as repayment pause lifted

December 16, 2024 0

A range of alleged unlawful activities identified across student loan markets – including in refinancing, servicing and debt collection – and involving both federal and private loans is outlined in report issued Monday by the […]

Not surprisingly, higher mortgage rates depress mortgage applications – especially for refinancings

December 13, 2024 0

A “significant drop” last year in annual mortgage applications and originations– especially among refinancings – was prompted by higher mortgage interest rates, according to a report issued Friday by the federal consumer financial protection agency. […]

Bureau highlights deadlines for “covered” nonbanks to register on portal; Jan. 14 is date for ‘larger participants’

December 13, 2024 0

The first deadline for “participant covered nonbanks” in a new registry is Jan. 14, the federal consumer financial protection agency said in a “reminder” sent Friday. The Consumer Financial Protection Bureau (CFPB) said its new […]

Final overdraft rule issued; offers banks, credit unions three options for ‘managing’ programs

December 12, 2024 0

A final rule on overdraft lending programs for large banks and credit unions was finalized Thursday that, the federal consumer financial protection agency said, gave the financial institutions “several options to manage their overdraft lending […]

CFPB order places Google’s online payments arm under direct agency supervision

December 9, 2024 0

Consumer complaints about error resolution at Google Payment Corp., Google’s online payments arm, have led to the federal consumer financial protection agency establishing direct supervisory authority over the nonbank firm, which reportedly is suing over […]

Bureau looks at effects of inaccurate credit reports on survivors of domestic violence, elder abuse; intends to issue proposed rule

December 9, 2024 0

The harmful effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial abuse would be considered under a rule being contemplated by the federal consumer financial protection agency, […]

« 1 2 3 4 5 6 … 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 [...]

Final rule bans lenders from ‘setting borrowers up to fail’ through PACE loans for solar panels, disaster readiness

Report targets ‘unlawful activities’ across student loan markets as repayment pause lifted

Not surprisingly, higher mortgage rates depress mortgage applications – especially for refinancings

Bureau highlights deadlines for “covered” nonbanks to register on portal; Jan. 14 is date for ‘larger participants’

Final overdraft rule issued; offers banks, credit unions three options for ‘managing’ programs

CFPB order places Google’s online payments arm under direct agency supervision

Bureau looks at effects of inaccurate credit reports on survivors of domestic violence, elder abuse; intends to issue proposed rule

Firm banned, charged fine, for delaying student loan borrowers loan rehabilitation process

Bank sued for ‘failing’ unbanked on receiving federal benefits, hanging up on calls seeking service

Bureau begins sending checks totaling $1.8 billion to victims of credit repair scheme

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

Regulator closes small New Jersey credit union with ‘no prospect for restoring viable operations’

Three former credit union workers prohibited in April, agency reports

NCUA Board now lacks a quorum, according to suit by Harper, Otsuka challenging their firings from board

Acting OCC leader sees AI as powerful, links its use to financial inclusion efforts