Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
In case you were wondering, a statement issued by the consumer financial protection agency more than two months ago that provides some flexibility for those affected by the coronavirus pandemic does not say that furnishers […]
An online guide communities can use to form networks to fight elder fraud, or grow or enhance existing ones, was released Wednesday by the Consumer Financial Protection Bureau (CFPB). The “Elder Fraud Prevention and Response […]
A panel formed by the Consumer Financial Protection Bureau (CFPB) in January to review and recommend updates to consumer financial laws and rules will produce a two-volume report that will include historical information, analysis of […]
A fact sheet on title insurance disclosures and updated frequently asked questions (FAQs) – such as the requirement to include seller information in some instances – for required disclosures about home mortgages were issued Tuesday […]
A handbook that lenders must provide to adjustable rate mortgage (ARM) borrowers at application or before the consumer pays a non-refundable fee (whichever is earlier) has been updated by the Consumer Financial Protection Bureau (CFPB), […]
A virtual Youth Financial Education Research Convening is slated for Monday, hosted by the Consumer Financial Protection Bureau (CFPB) in conjunction with the Interagency Working Group on Youth Programs (IWGYP), according to a CFPB notice. […]
Guidance to help mortgage servicers comply with forbearance requirements in dealing with consumers affected by the coronavirus (COVID-19) pandemic was issued jointly Thursday by the federal consumer bureau and state financial institution regulators. The guidance, […]
Changes in disclosure provisions for open-end and closed-end loan products to provide examples of replacement indices for a widely used reference rate whose use is expected to be discontinued after 2021 was proposed by the […]
The Consumer Financial Protection Bureau (CFPB) is providing temporary, targeted flexibility during the coronavirus (COVID-19) pandemic for credit card issuers regarding the electronic provision of certain disclosures under truth-in-lending laws that are required to be […]
No error arises under the remittance rule (contained in Regulation E) when funds aren’t delivered on time because of certain government-mandated closures of commercial activity – that is the gist of a set of three […]
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