Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
Behavioral law and economics – with a focus on discussion to inform future rulemaking – is the topic of the second symposium this year to be sponsored by the federal consumer financial protection, the agency said […]
Changes to Home Mortgage Disclosure Act (HMDA) requirements under last year’s Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S. 2155) are reflected in two updated webinars and one new webinar published recently by […]
Federal financial institution regulators were busy organizations last week, as they worked to clear their outboxes for the end of the summer in preparation for the oncoming fall season of meetings, congressional testimony, regulatory actions […]
Simple messages designed to encourage customers to use prepaid cards to save at tax time increased the likelihood that they would do so, according to results of a study released Tuesday by the federal consumer […]
Disclosure requirements for non-federally insured depository institutions – estimated to number about 167 – are being renewed by the Consumer Financial Protection Bureau (CFPB), and public comments will be accepted for 30 days after the […]
Brian G. Cameron has been appointed private education loan ombudsman at the Consumer Financial Protection Bureau (CFPB), filling a post that has been vacant since the resignation nearly one year ago by the former ombudsman. […]
In a case reminiscent of one reported in January, the Consumer Financial Protection Bureau (CFPB) and the Office of the Arkansas Attorney General on Tuesday filed a proposed settlement that bans a broker – Andrew […]
A private loan program for students faces a judgment of $60 million and an injunction prohibiting the company that ran the program from offering or providing student loans ever again, the consumer financial protection agency […]
Some consumers expressed concern over the federal consumer financial protection agency’s practice of forwarding complaints received from other federal financial regulatory agencies on to the companies being complained about – something the agency indicated was […]
Use of an “alternative data” model for determining credit worthiness has resulted in 27% more applicants being approved, and 16% lower interest rates, than traditional models have recorded, the federal consumer financial protection agency said […]
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