Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
Disclosures for home mortgages under the so-called “know before you owe” rule and lender credits are the subjects for frequently asked questions (FAQs) published by the federal consumer financial protection agency, released Wednesday. The FAQs […]
The second-in-command at the federal consumer financial protection agency is stepping down and will join a Washington law firm next month. According to a press release from the law firm, Johnson will join the firm […]
May will be a big month for two rules – through proposed amendments to “qualified mortgage” (QM) regulations and finalized remittances regulations – from the federal consumer financial protection agency, its director said Tuesday. Specifically: […]
“Fast facts” about a proposal to clarify regulations covering debt collections of debt past the statute of limitations was published Monday by the federal consumer financial protection agency. The two-page fact sheet, published by the […]
The panels that advise the consumer financial protection agency on consumer, community bank, and credit union issues, as well as the agency’s research panel, are set to meet March 11, 12, and 13 on issues […]
Debt collectors would be banned from making calls or taking other “non-litigation means” to collect on debt that is beyond the statute of limitations unless it is disclosed during an initial contact that the debt […]
A broker arranging high-interest credit agreements to consumers – particularly disabled veterans – was sued by the federal consumer financial protection agency and two states in action filed Thursday, the regulators said. The Consumer Financial […]
A symposium on consumers’ access to financial records and underlying requirements in Section 1033 of the Dodd-Frank Act will be held Feb. 26 by the Consumer Financial Protection Bureau (CFPB), the agency announced Thursday. The […]
Violations of federal rules regulating payday lending, debt collection, mortgage servicing, and student loan servicing are highlighted in the latest version of “supervisory highlights” from the federal consumer financial protection agency. Payday lending led with […]
Understanding the effects on lenders of rules designed to help borrowers select the mortgage that is right for them and to protect them from getting ripped off by those lenders is the aim of a […]
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