CFPB

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[ May 14, 2025 ] FDIC: Rescission of 2024 merger act policy, report on insurance fund restoration slated FDIC
[ May 14, 2025 ] OCC publishes spring ‘25 interest-rate risk report OCC
[ May 13, 2025 ] Bureau, proposing to rescind past adjudication proceeding rule changes, says one gave director too much authority, others ‘unnecessary’ CFPB
[ May 13, 2025 ] Interest rate uncertainty may be ‘ongoing challenge’ for banks, risk report notes FDIC
[ May 13, 2025 ] 2024 FDIC Ombudsman activities summarized in report FDIC

15% of credit card holders who revolve balances do so for 2 years or more, bureau ‘Data Point’ report shows

July 3, 2019 0

Two-thirds of actively used credit card accounts carry a revolving balance, with balances revolved continuously for about 10 months, according to a “Data Point” report issued by the research unit of the Consumer Financial Protection […]

‘Fair Lending’ report outlines nuanced approach to innovation, creating increased access to credit

July 1, 2019 0

Exploration of cutting-edge fair lending issues – including how consumer-friendly innovation can increase access to credit for all consumers and especially unbanked and underbanked consumers and their communities – will be a focal point for […]

Bureau updates payday ‘small entity compliance guide’; notes court’s stay on rule’s payment-related requirements remains in place

July 1, 2019 0

The delay in the compliance date of the mandatory underwriting provisions of payday lending rules is reflected in an updated “small entity compliance guide” published by the federal consumer financial protection agency, announced Monday. The […]

CFPB releases supplement on September 2018 report on its data program; plans to release texts of MOUs with other agencies, states in future

June 27, 2019 0

A supplement to a report issued last September on the various sources of data the Consumer Financial Protection Bureau (CFPB) uses in its work to ensure consumers access to products and services that are “fair, […]

Consumer bureau extends comment deadline for HMDA data points ANPR; comment period on coverage thresholds to be reopened

June 27, 2019 0

A three-month extension of the comment deadline on an advance notice of proposed rulemaking (ANPR) on Home Mortgage Disclosure Act (HMDA) data points and plans to reopen the comment period on HMDA coverage thresholds were […]

Prevention of financial elder abuse subject for joint agency July webinar

June 26, 2019 0

Strategies for addressing and preventing elder financial abuse – including a discussion of the benefits of “appropriate collaboration” between financial institutions and law enforcement – will be presented in a July 25 webinar jointly sponsored […]

UDAAP ‘Abusiveness’ uncertainty creates impediments to those that want to comply with law, consumer bureau leader asserts

June 25, 2019 0

Uncertainty over the parameters of “abusiveness” creates impediments to innovation and other helpful developments in the marketplace, according to the director of the federal consumer financial protection agency, a condition, she claimed, that makes it […]

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FDIC: Rescission of 2024 merger act policy, report on insurance fund restoration slated

May 14, 2025 0

The federal bank deposit insurer’s board plans a vote next Tuesday to rescind its 2024 Bank Merger Act rule policy statement, replacing it with the previous statement, and to hear an update on its Deposit Insurance Fund (DIF) restoration plan, [...]
OCC publishes spring ‘25 interest-rate risk report

May 14, 2025 0

Interest rate risk data gathered during examinations of midsize and community banks are available Wednesday with the publication of the spring 2025 statistics report by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said the [...]
Bureau, proposing to rescind past adjudication proceeding rule changes, says one gave director too much authority, others ‘unnecessary’

May 13, 2025 0

Comments are due June 12 on a proposed rule that would rescind the Feb. 22, 2022, and March 29, 2023, amendments to the Consumer Financial Protection Bureau’s (CFPB) rules of practice for adjudication proceedings, including those transferring authority over dispositive [...]
Interest rate uncertainty may be ‘ongoing challenge’ for banks, risk report notes

May 13, 2025 0

Interest rate uncertainty may be an “ongoing challenge” for banks overall in 2025, according to a risk review issued Tuesday by the federal bank deposit insurance agency. In “key risks to banks,” the review issued by the Federal Deposit Insurance [...]
2024 FDIC Ombudsman activities summarized in report

May 13, 2025 0

A brief, seven-page (plus cover) report highlighting 2024 activities of the agency’s Office of the Ombudsman was released Tuesday by the Federal Deposit Insurance Corp. (FDIC). In a Financial Institution Letter (FIL-12-2025), the FDIC said the ombudsman office “is a [...]
Acting CFPB head Vought rescinds 67 guidance documents issued since 2011

May 12, 2025 0

Sixty-seven guidance documents issued by the Consumer Financial Protection Bureau (CFPB) since its inception in 2011 are now rescinded, according to a notice in Monday’s Federal Register. The notice, signed by acting CFPB Director Russell Vought (head of the Office [...]
Higher inflation, slow growth, economic uncertainty likely ahead for next year as tariff policies play out, Fed governor expects

May 12, 2025 0

Higher inflation, slower growth and economic uncertainty are the catchphrases for the economy going into the next year, largely because of increased tariffs and policy changes for them, a Federal Reserve governor said Monday. Speaking to the International Economic Symposium [...]
Loan demand drops off in Q1 for C&I, CRE, RRE, Fed lending officer survey finds; credit card standards tighten

May 12, 2025 0

Demand for commercial and industrial (C&I) loans weakened in the first quarter, which was a similar story for many household loans, according to a report issued by the Federal Reserve Monday. In its April 2025 Senior Loan Officer Opinion Survey [...]
Agencies jointly issue loan-to-deposit ratios for ’25 used for compliance with interstate banking laws

May 12, 2025 0

Host state loan-to-deposit ratios were issued Monday by the three federal banking regulators, which informs banks about how the proportions are used to determine compliance with federal interstate banking laws. The ratios are issued in connection with a 1994 statute [...]

15% of credit card holders who revolve balances do so for 2 years or more, bureau ‘Data Point’ report shows

‘Fair Lending’ report outlines nuanced approach to innovation, creating increased access to credit

Bureau updates payday ‘small entity compliance guide’; notes court’s stay on rule’s payment-related requirements remains in place

CFPB releases supplement on September 2018 report on its data program; plans to release texts of MOUs with other agencies, states in future

Consumer bureau extends comment deadline for HMDA data points ANPR; comment period on coverage thresholds to be reopened

Prevention of financial elder abuse subject for joint agency July webinar

UDAAP ‘Abusiveness’ uncertainty creates impediments to those that want to comply with law, consumer bureau leader asserts

Agencies give final OK to check holds adjustments, but delay effective date to next year

Debt Collection Practices (Regulation F); communications

Credit union student loan subsidiary ordered to forgive loans worth $168 million in settlement

FDIC: Rescission of 2024 merger act policy, report on insurance fund restoration slated

OCC publishes spring ‘25 interest-rate risk report

Bureau, proposing to rescind past adjudication proceeding rule changes, says one gave director too much authority, others ‘unnecessary’

Interest rate uncertainty may be ‘ongoing challenge’ for banks, risk report notes

2024 FDIC Ombudsman activities summarized in report

Acting CFPB head Vought rescinds 67 guidance documents issued since 2011

Higher inflation, slow growth, economic uncertainty likely ahead for next year as tariff policies play out, Fed governor expects

Loan demand drops off in Q1 for C&I, CRE, RRE, Fed lending officer survey finds; credit card standards tighten

Agencies jointly issue loan-to-deposit ratios for ’25 used for compliance with interstate banking laws