Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
More details and background about the “disclosure sandbox” proposed Sept. 10 by the Bureau of Consumer Financial Protection) BCFP are offered by the agency in a blog post dated Thursday, including an outline of revisions […]
A California firm has been sued by the federal consumer financial protection agency for failing to present its products to elderly and disabled customers as loans, when in fact they were, the agency said Thursday. […]
Model forms for disclosures required of consumer reporting agencies under the Fair Credit Reporting Act (FCRA) are updated in an interim final rule issued Wednesday by the Bureau of Consumer Financial Protection (BCFP, formerly known […]
A final rule revising consumer financial protection bureau procedures for handling information requests from members of the public is set to take effect Oct. 12. The final rule, issued by the Bureau of Consumer Financial […]
Five policies and practices aimed to clarify use of supervisory guidance were issued in a joint statement Tuesday by the five federal financial institution regulatory agencies, which the agencies said were meant to clarify that […]
The House Financial Services Committee is set to begin mark-up Thursday of 14 pieces of legislation that range in focus from, among other things, Federal Reserve operations and monetary policy (for example, removing employment from […]
Meetings of three advisory councils, with their newly appointed memberships, of the federal consumer financial protection agency are scheduled for Sept. 27, according to filings Tuesday in the Federal Register. The Bureau of Consumer Financial […]
Credit unions eligible for a partial exemption from mortgage data reporting under the recently enacted regulatory relief law should report non-exempt data points this year, even if they collected all data points prior to the […]
The Bureau of Consumer Financial Protection (BCFP) on Friday announced new memberships for three councils to advise the bureau director on consumer, community bank and credit union views regarding the agency’s supervisory and rulemaking activities. […]
Continuing cybersecurity examinations of consumer reporting agencies (CRAs), such as Equifax and other credit reporting organizations, will be conducted by the federal consumer financial protection – but only if cybersecurity is identified as a priority […]
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