Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
Public meetings of the three councils that advise the Consumer Financial Protection Bureau (CFPB) on its responsibilities under federal consumer financial protection laws are slated for Nov. 14, 15, and 16, according to notices published […]
A proposed rule detailing how depository and nondepository entities must make consumers’ financial transaction and account data available to consumers and authorized others is out for comment until Dec. 29, according to a notice Tuesday […]
Title: Required Rulemaking on Personal Financial Data Rights Subject: Consumer access to data Agency: CFPB Status: Proposed rule Summary: The Consumer Financial Protection Bureau (CFPB) is proposing a rule to implement personal financial data rights […]
Credit card companies charged consumers more than $105 billion in interst and more than $25 billion in fees in 2022, with late fees described in a report released Thursday as the “most significant” fee assessed […]
Consumers would ostensibly have control over data about their financial lives and “would gain new protections against companies misusing their data,” the federal consumer protection agency said Thursday in proposing a new rule. The Consumer […]
Cheating users on international money transfers is alleged in a complaint issued Tuesday against a widely used mobile app by the federal consumer financial protection agency. In a release, the Consumer Financial Protection Bureau (CFPB) […]
The Equal Credit Opportunity Act’s (ECOA) protections against discrimination apply regardless of a credit applicant’s immigration status, the Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) underscored in a joint statement Wednesday. […]
Penalties of $23 million against a subsidiary of one of the big three credit reporting agencies were announced by two federal agencies Thursday for actions that include failing to ensure accurate rental background checks and […]
Overall affordability of homes declined significantly in 2022, with borrowers spending more of their income on mortgage payments and lenders more often denying applications for insufficient income, the federal consumer financial protection agency said Wednesday. […]
The impact of a federal court order freezing implementation of the small business lending rule issued by the federal consumer financial protection agency spawned a new set of “frequently asked questions” (FAQs) by the agency […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info