Updates to the filing instructions for Home Mortgage Disclosure Act (HMDA) data collected in 2022 – to be reported in 2023 – were released last week by the Consumer Financial Protection Bureau (CFPB). The Filing […]
Financial institutions should use census tract information provided in the 2020 Census for mortgage-related data collected beginning next year, the federal consumer financial protection agency said Monday. In a “HMDA Reminder,” the Consumer Financial Protection […]
Alleging redlining, three federal agencies took action against a Jackson, Miss., bank – with operations in Memphis, Tenn. – and announced Friday a settlement requiring the financial institution to pay a $5 million penalty and […]
Orders seeking business practice data from large technology companies that operate payments systems in the U.S. – among them Facebook, Amazon, Apple – were issued Thursday by the Consumer Financial Protection Bureau (CFPB), the bureau […]
A joint regulators’ statement that suggested actions banks and nonbanks alike should consider taking to ensure safe-and-sound practices during the transition away from the LIBOR reference rate was joined Thursday by the federal consumer financial […]
The Academic Research Council (ARC) for the Consumer Financial Protection Bureau (CFPB) will hold a virtual open meeting. The meeting will focus on research methodologies related to small business lending and will include an analysis […]
The Community Bank Advisory Council (CBAC) and Credit Union Advisory Council (CUAC) for the Consumer Financial Protection Bureau (CFPB) will hold a virtual open meeting. Key topics will include small business lending, age-friendly banking, and […]
The Consumer Advisory Board (CAB) for the Consumer Financial Protection Bureau (CFPB) will hold a virtual open meeting. Key topics will include small business lending, age-friendly banking, and appraisal bias in the mortgage marketplace. CAB […]
A dominant provider of financial services to prisons and jails nationwide has been ordered to pay $4 million in consumer redress and a $2 million civil money penalty over allegations it charged people who were departing […]
The four panels that advise the Consumer Financial Protection Bureau (CFPB) on consumer, financial industry, and research matters are set to meet over a three-day period beginning Nov. 3, according to notices scheduled to publish […]
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