CFPB – Page 78 – Regulatory Report

What's up

[ October 2, 2026 ] Wisconsin bank, holding company consent to enforcement actions for ‘unsafe, unsound’ practices FDIC
[ October 1, 2026 ] Agency finally closes down troubled credit union after embezzlement charges; Alabama CU assumes members, savings, some assets NCUA
[ October 1, 2026 ] FDIC ends independent monitor brought on to ensure ‘workplace culture’ reforms after sexual harassment claims FDIC
[ October 1, 2026 ] ‘Living wills’ feedback letters published for 15 banking orgs; OCC votes against releasing one plan FDIC
[ October 1, 2026 ] Failed California bank will cost bank insurance fund $114 million FDIC

Banking agencies establish 120-day temporary deferrals for real estate appraisals, evaluations

April 15, 2020 0

Temporary deferrals on real estate-related appraisals and evaluations under federal banking agencies’ interagency appraisal regulations were issued late Tuesday for up to 120 days. The National Credit Union Administration (NCUA) Board is considering a similar […]

Interpretive rule will allow coronavirus relief payments to be issued by pre-paid card

April 14, 2020 0

Certain coronavirus relief payments from the government will not be considered “government benefits” and thus may be issued to consumers via prepaid cards, according to an interpretive rule issued Monday by the federal consumer financial […]

Citing coronavirus crisis, bureau will refrain from citations, actions, over remittance cost disclosures in second half of year

April 10, 2020 0

For about a six-month period, supervisory violations won’t be cited, and enforcement actions won’t be initiated, against certain remittance transfer providers in connection with the expiration of temporary exceptions for cost disclosures, the federal consumer […]

Regulators seek to clarify: Loan modifications offered in response to COVID-19 impact are ‘positive, proactive’

April 7, 2020 0

Hoping to match up past statements with newly enacted laws, federal financial institution regulators Tuesday issued a joint statement noting that loan modification programs (including troubled debt restructurings [TDRs]) offered to financial institution customers affected […]

Use of mortgage forbearance programs under CARES Act detailed in policy statement

April 6, 2020 0

Mortgage servicers’ ability to place consumers in short-term forbearance programs like those required by new legislation enacted in response to the coronavirus crisis is outlined in a policy statement issued by federal financial institution and […]

Materials strive to explain mortgage, foreclosure relief for homeowners under CARES Act

April 3, 2020 0

A video and a guide to “mortgage relief options” have been developed by the federal consumer financial protection agency with an eye, the agency says, toward explaining to consumers how they can score mortgage forbearance […]

30% of military consumer complaints in FY19 dealt with credit or consumer reporting, CFPB report shows

April 3, 2020 0

Of total complaints received by the federal consumer financial protection agency in fiscal 2019 (Oct. 1, 2018, to Sept. 30, 2019), nearly one-third of them – 10,500, or 30% – were about credit or consumer […]

CFPB says supervision is ongoing, with adjustments due to coronavirus pandemic

April 2, 2020 0

The federal agency responsible for consumer financial protection on Thursday said it is continuing to conduct supervision with consumer protection in mind, but examinations and other supervisory work is being carried out remotely “for the […]

Cash Store ordered to pay $1.3 million in penalty, consumer redress in settlement with CFPB over unfair, deceptive practices

April 1, 2020 0

A company doing business under the name Cash Store has been ordered to pay a $1.1 million civil money penalty (CMP) and consumer redress of $286,675.64 in a settlement with the Consumer Financial Protection Bureau […]

CFPB outlines responsibilities of credit reporting companies and furnishers under coronavirus pandemic relief statute

April 1, 2020 0

Compliance responsibilities of credit reporting agencies and furnishers of report information under the consumer and business relief provisions of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) are outlined in a policy statement […]

« 1 … 76 77 78 79 80 … 138 »

Wisconsin bank, holding company consent to enforcement actions for ‘unsafe, unsound’ practices

October 2, 2026 0

A Wisconsin bank’s holding company is now under an enforcement order issued Friday by the Federal Reserve for “unsafe and unsound” banking practices – about two months after another federal banking agency issued a similar order for the bank owned [...]
Agency finally closes down troubled credit union after embezzlement charges; Alabama CU assumes members, savings, some assets

October 1, 2026 0

A troubled Mississippi credit union was closed and its members and savings (shares) were assumed by an Alabama Credit Union, the federal regulator announced late Wednesday. Jackson Area Federal Credit Union (FCU), of Jackson Miss., was closed and its members [...]
FDIC ends independent monitor brought on to ensure ‘workplace culture’ reforms after sexual harassment claims

October 1, 2026 0

Workplace culture reforms spawned by allegations of sexual harassment at the federal bank deposit insurance agency will no longer be overseen by an independent monitor, the agency said late Wednesday, asserting that the monitor’s work had concluded. The Federal Deposit [...]
‘Living wills’ feedback letters published for 15 banking orgs; OCC votes against releasing one plan

October 1, 2026 0

Feedback letters from 15 banking organizations with more than $250 billion in assets on their resolution plans were published Sept. 29 by the Federal Reserve and the Federal Deposit Insurance Corp. (FDIC), the agencies said. However, the Office of the [...]
Failed California bank will cost bank insurance fund $114 million

October 1, 2026 0

A failed California bank that was closed Sept. 25 is estimated to cost the federal bank deposit insurance fund about $114 million, the insurance fund said agency. The bank reopened Sept. 28 as a branch of a Utah bank as [...]
Former teller leader prohibited for allegedly misappropriating nearly a quarter million dollars from cash dispenser machines

September 25, 2026 0

Misappropriation of about $246,000 from teller cash dispenser machines has led to the prohibition of a former teller supervisor of a bank in the Maryland suburbs of Washington, D.C., the Federal Reserve said Thursday. According to the agency, Renee Nicole [...]