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The Bureau of Consumer Financial Protection (Bureau) today issued an interim final rule updating two model disclosures to reflect changes made to the Fair Credit Reporting Act (FCRA) by recent legislation.
Five federal agencies today issued a joint statement explaining the role of supervisory guidance for regulated institutions.
Today the Bureau announced the appointment of new experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory...
The Bureau of Consumer Financial Protection (Bureau) today released its 17th edition of Supervisory Highlights.
Today the Bureau of Consumer Financial Protection (Bureau) issued an interpretive and procedural rule to implement and clarify the requirements of section 104(a) of the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act), which amended the Home Mortgage Disclosure Act (HMDA).
Today a federal district court in the Western District of Missouri entered an Order effectuating a settlement between the Bureau of Consumer Financial Protection (Bureau) and Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate entities controlled by Moseley, Sr. and Moseley, Jr., in the Bureau’s lawsuit regarding the unlawful origination and servicing of short-term, small-dollar online loans to consumers nationwide.
Changes Will Ease Burden on Financial Institutions and Reduce Risk of Consumer Confusion.
The Bureau of Consumer Financial Protection (BCFP), working in collaboration with 11 financial regulators and related organizations, is announcing an initiative to create the Global Financial Innovation Network (GFIN).
CFPB Acting Director Mick Mulvaney issued a statement regarding actions by the Department of the Treasury and the Office of the Comptroller of the Currency to promote innovation in the financial services marketplace.
Today the Bureau of Consumer Financial Protection (Bureau) filed in federal district court a proposed settlement with TCF National Bank regarding its marketing and sale of overdraft services.
Triton Did Not Properly Disclose Terms and Conditions of Certain Loan Products, and Failed to Disclose Finance Charges in Advertisements.
Bureau of Consumer Financial Protection (Bureau) Acting Director Mick Mulvaney today announced he has selected Paul Watkins to lead the Bureau’s new Office of Innovation.
Company and Its Former CEO Engaged In Illegal Debt Collection Practices.
Today, Bureau of Consumer Financial Protection (Bureau) Acting Director Mulvaney today announced he has selected Brian Johnson, who currently serves as Principal Policy Director at the Bureau, to assume the responsibilities of Acting Deputy Director.
Today the Bureau of Consumer Financial Protection (Bureau) issued the following statement: On May 24, 2018, the President signed the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act), a section of which amends the Home Mortgage Disclosure Act (HMDA).
Citibank Failed To Reevaluate And Reduce The Annual Percentage Rates For Consumer Credit Card Accounts.
Bureau of Consumer Financial Protection (Bureau) Acting Director Mick Mulvaney issued the following statement in support of the nomination of Kathy Kraninger to be Director of the Bureau.
Company Engaged In Improper Debt Collection and Credit Furnishing Practices.
Bureau Acting Director Mick Mulvaney issued the following statement after President Donald Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act into law.
Today, Bureau Acting Director Mick Mulvaney issued the following statement in response to a bulletin from the Office of the Comptroller of the Currency regarding short-term, small-dollar credit.
Today the President signed into law a bipartisan Congressional resolution disapproving a rule that was in the form of guidance issued by the Bureau of Consumer Financial Protection (Bureau) about indirect auto lender compliance with the Equal Credit Opportunity Act (ECOA) and its implementing regulation.
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 5,852 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA).
As of Monday, April 30, 2018, John Czwartacki has transitioned from the Office of Management and Budget (OMB) to the Bureau of Consumer Financial Protection (BCFP) as its Chief Communications Officer and Spokesperson.
Update Will Provide More Clarity Regarding Closing Cost Increases.
Coordinated Action with Office of the Comptroller of the Currency Requires Bank to Reimburse Affected Borrowers and Pay $1 Billion Fine.