"CFPB" Blog Posts
- Banks to Cut Overdraft, Non-Sufficient Fund Fees in Response to Market Pressures
- CFPB Identifies Consumer Reporting Companies the Public Can Hold Accountable
- CFPB, DOJ and OCC Take Action Against Trustmark National Bank for Deliberate Discrimination Against Black and Hispanic Families
- 2020 HMDA Final Rule Partially Vacated: Closed-End Loan Reporting Threshold Lowered
- 4 Perspectives for FIs to Note in the Industry's Data-Sharing Debate
- Additional Details Needed on Proposed Changes to CFPB Information Collection
- Adverse Action Notices and AI Underwriting: CFPB Weighs In
- Agencies Announce Dollar Thresholds in Regulations Z and M for Exempt Consumer Credit and Lease Transactions
- All of CFPB's Past Actions Threatened by Appeals Court Decision
- Americans Pay $120 Billion in Credit Card Interest, Fees Each Year
- Bank/BNPL Lender Divide Dominates Comments to CFPB
- Bankers Fear CFPB Will Lower Cap on Credit Card Late Fees
- Banking Groups Challenge CFPB’s RFI on Customer Service
- Big Bank CEOs Push Back Against Proposed Liability Shift for Fraud on Zelle
- Breaking News! Overdraft, NSF Fees Scrutiny Enhanced by CFPB
- Bureau Accepting Applications for CFPB Advisory Committees
- Can the Supreme Court Distinguish the CFPB's Funding from Other Agencies'?
- CFPB Advises Furnishers Have an Obligation to Investigate Consumer Disputes
- CFPB Announces Review of Credit Card Financial Institution Late Fees, Penalties
- CFPB Announces Settlement Regarding the 2019 Taskforce on Federal Consumer Financial Law
- CFPB Annual Report of 2021 Mortgage Market Activity Reveals an End to the Refinancing Boom; Increase in Home Purchase Loans
- CFPB Auto Lending Announcement Has Insufficient Info, Wrong Assumptions
- CFPB Bans BrightSpeed Solutions and Its Former CEO for Supporting Telemarketing Scammers Targeting Older Americans
- CFPB Chief Previews Next Steps in Open-Banking Rulemaking
- CFPB Compliance Guides, Videos and Resources Available
- CFPB Cracks Down on Subscription Fees
- CFPB Creates Repeat Offender Unit
- CFPB Director Chopra Addresses Community Bank, Credit Union Advisory Councils
- CFPB Director Chopra Statement on Appraisal Task Force Report
- CFPB Ends No-Action Letter with Fintech Lender Upstart Network
- CFPB Examines Potential Impact of Rising Car Prices on Consumer Credit
- CFPB Expands its Authority to Punish FIs for Discrimination
- CFPB Expands UDAAP Reach to Include Discrimination
- CFPB Extends Comment Deadline for Customer Service RFI to Aug. 22
- CFPB Extends Late Fee ANPR Deadline to August 1
- CFPB Extends Opportunity for Public to Provide Input on 'Junk Fees' to April 11
- CFPB Fall 2021 Rulemaking Agenda
- CFPB Finalizes Annual Changes for Exemption Thresholds Under HMDA
- CFPB Finds Credit Card Late Fees Fell Slightly in 2020
- CFPB Finds Credit Report Disputes More Common in Majority Black, Hispanic Aeas
- CFPB Fines Mobile Savings App Digit $2.7 Million for Overdraft Charges
- CFPB Gets Earful on Limiting Credit Card Late Fees
- CFPB Guidance, Enforcement Hang in the Balance of US Supreme Court Appeal
- CFPB Has Missed Opportunities to Leverage Credit Union Mission
- CFPB in the Supreme Court: Oral Arguments
- CFPB Interpretation of Convenience Fees Under FCDPA is Improper
- CFPB Invokes Dormant Authority to Examine Nonbank Companies Posing Risks to Consumers
- CFPB Issued Annual Adjustment to Maximum Fee Credit Bureaus May Charge Consumers for File Disclosure
- CFPB Issued Final Rule to Effect Annual Adjustments to TILA Thresholds for 2022
- CFPB Issues Advisory Opinion on Consumer Information Requests to Large Banks, Credit Unions
- CFPB Issues Advisory Opinion on Debt Collection Fees
- CFPB Issues Advisory Opinion on ECOA and Reg B
- CFPB Issues Advisory Opinion on Fair-Lending Laws
- CFPB Issues Bulletin to Prevent Unlawful Medical Debt Collection and Credit Reporting
- CFPB Issues Final Rule to Facilitate Transition from LIBOR
- CFPB Issues Guidance Around 2 ‘Junk Fees,’ Including ‘Surprise’ Overdraft Fees & Depositor Fees
- CFPB Issues Proposal to Collect Small Business Data; League Seeks Member Feedback
- CFPB Launches Effort to Spur New Opportunities for Homeowners in the Mortgage Market
- CFPB Launches Initiative Aimed at Curbing ‘Junk Fees’ Charged by FIs; CUNA, NAFCU Join Groups in Calling it ‘Misguided Effort’
- CFPB Launches Initiative on Excessive Junk Fees
- CFPB Lays Out Possible Counter to Fifth Circuit Funding Decision
- CFPB Likely to Punt Data-Sharing Rule into 2023
- CFPB Makes Preemption Determination of Virginia Law
- CFPB Making Changes to Credit Card Data Submission Process
- CFPB Mischaracterizes Many Financial Services Fees in RFI
- CFPB Moves to Thwart Illegal Auto Repossessions
- CFPB Names New Chiefs for Supervision and Enforcement Positions
- CFPB on Evolution of Banks’ Overdraft/NSF Fee Revenues and Policies
- CFPB Opens Inquiry Into ‘Buy Now, Pay Later’ Credit
- CFPB Orders Regions Bank to Pay $191 Million for Illegal Surprise Overdraft Fees
- CFPB Plans Rule Next Year to Toughen Caps on Credit Card Late Fees
- CFPB Plans Rules to Faciliate Personal Financial Data Rights, Open Banking, Open Finance
- CFPB Plans to Subject Buy Now, Pay Later Lenders to Same Regulatory Scrutiny as Credit Card Companies
- CFPB Presses Big Card Issuers on Their Credit Reporting Practices
- CFPB Proposes Rule to Rein in Nonbank Arbitration Contracts
- CFPB Provides Spanish Translations for Certain Prepaid Rule, Regulation B Model, Sample Forms
- CFPB Providing Guidance to Other Agencies on Enforcing Federal Consumer Financial Law
- CFPB Readies Guidance on Money-Transfer Scams
- CFPB Releases Advisory Opinion Reaffirming Position on 'Pay to Pay' Fees
- CFPB Releases Annual Report to Congress on Fair Debt Collection Practices Act
- CFPB Releases Blog Post Favoring Use of Self-Reported Cash Flow Data in Credit Underwriting
- CFPB Releases Debt Collection Rule FAQs
- CFPB Releases HMDA Quarterly Graphs Tool
- CFPB Releases Report Documenting Rural Banking Issues
- CFPB Releases Report on Diversity and Inclusion within Financial Services
- CFPB Releases Section 1071 Small Business Lending Final Rule; League Remains Concerned About Scope of Rule, Regulatory Burden
- CFPB Reminds Credit Unions of States’ Enforcement Powers
- CFPB Report Finds High Fees Charged on Student Banking Products Endorsed by Colleges
- CFPB Report Shows Criminal Justice Financial Ecosystem Exploits Families at Every Stage
- CFPB Report Shows Late Fees are Not a Top Complaint — for a Reason
- CFPB Report: Many in Appalachia Region Have Higher Rates of Subprime Credit, Higher Rates of Medical Debt
- CFPB Research: Overdraft Fees and Economically Insecure Older Adults
- CFPB Says Big Tech Digital Marketers Liable for Unfair, Deceptive Practices
- CFPB Says Consumers Getting Runaround from NCRAs
- CFPB Says Servicers Should Offer Loss Mitigation Beyond COVID Hardships
- CFPB Seeking Comments on 'Junk Fees' by March 31
- CFPB Seeks Comments on Buy Now Pay Later Products, Business Practices
- CFPB Seeks Further Public Input on Big Tech Payment Platforms
- CFPB Seeks Information on HMDA Regulations
- CFPB Seeks Input on Detecting Discrimination in Mortgage Lending
- CFPB Seeks to Limit Banks' Ability to Collect on Delinquent HELOCs
- CFPB Seeks to Modernize How It Collects Credit Card Data
- CFPB Shares Guidance to Safely Send Money to Loved Ones in Conflict Areas
- CFPB Shares Recent Trends in SARs Involving Elder Financial Exploitation
- CFPB Should Bolster Oversight of Nonbank Financial Services
- CFPB Should Study, Appropriately Regulate 'Buy Now, Pay Later' Products
- CFPB Shutters Lending by VC-Backed Fintech for Violating Agency Order
- CFPB Signals Imminent Crackdown on 'Junk Data' in Credit Reports
- CFPB Sues Pawn Lenders for Cheating Military Families
- CFPB Sues Software Company That Helps Credit-Repair Businesses Charge Illegal Fees
- CFPB Takes Action Against Bank of America
- CFPB Takes Action to Address Junk Data in Credit Reports
- CFPB Takes Action to Halt Prepaid Card Providers Siphoning Government Benefits
- CFPB Takes Aim at Overdraft Fees
- CFPB Taking Hard Look at Credit Card Interest Rates
- CFPB Targeting Credit Card Late Fees in League-Opposed Proposed Rule
- CFPB Targets Amazon, Facebook, Others In Payments Probe
- CFPB to Accept Public Petitions for Rulemaking
- CFPB Turns Its Attention to Data Security – Seven Industry Practices You Need to Know Now
- CFPB Unlikely to Take Immediate Action on Buy-Now, Pay-Later Sector
- CFPB Uses Homeowner Assistance Fund Program to Help Borrowers Avoid Foreclosure
- CFPB Warns Against Trying To Manipulate Customer Reviews
- CFPB Warns of Possible Direct Dispute Violations
- CFPB Warns of Possible Direct Dispute Violations
- CFPB Will Look Into New Credit Bureau Rules, Chopra Says
- CFPB Withdraws Proposal to Delay Debt Collection Rules
- CFPB ‘Junk Fee’ Guidance Ignores Credit Unions’ Focus on Members
- CFPB's Chopra Calls Level of P2P Fraud 'Frightening'
- CFPB's Chopra Vows Guidance on Buy-Now, Pay-Later Loans, Eyes Lender Examination
- CFPB's Credit Card Late Fee Project Could Hit Small Institutions Hard
- CFPB's Latest Existential Threat: Legal Challenges to Its Funding
- CFPB, FTC and North Carolina Department of Justice File Amicus Brief in Henderson v The Source for Public Data
- CFPB: Help Available to Homeowners Struggling to Make Housing-Related Payments Due to the Pandemic
- CFPB: Help Us Spur New Opportunities for Homeowners in the Mortgage Market
- CFPB’s Chopra Discusses Rulemaking Efforts with HFSC; NAFCU Pens Letter Ahead of SBC’s Hearing
- CFPB’s Fair Lending Annual Report to Congress Focuses on Racial and Economic Equity Issues and COVID-19 Recovery
- CFPB’s Garnishment Order Makes a Muddle of Law, Procedure
- CFPB’s Housing Portal Offers Help for Servicemembers, Veteran Homeowners, and Renters
- CFPB’s Report on Credit Card Late Fees
- Check Your Credit Union’s Compliance with New CFPB Rules
- Chopra's Expansive Vision for CFPB Authority is Facing Industry Pushback
- Class Action Lawsuits Involving Zelle-Related Scams
- Comments Due to CFPB ANPR on Credit Card Late Fees
- Comments on Credit Card Late Fee Proposal Due May 3
- Comments Submitted to CFPB in Response to RFI on Fees
- Consumer Agency Using 'Every Tool' to Step Up Scrutiny of Financial Institutions
- Consumer Financial Protection Bureau to Examine Colleges’ In-House Lending Practices
- Could Credit Card Late Fees Drop to $10?
- Court Rules CFPB Funding Unconstitutional, CU Trades Applaud Ruling
- Credit Reporting Companies, Furnishers Have Obligations to Assure Accuracy in Consumer Reports
- Credit Unions ‘Fit Local Economic Terrain,’ CFPB Recognizes
- CUNA Backs Section 1071 Reform Legislation
- CUNA Files FOIA Request with CFPB Over Section 1071 Implementation
- CUNA Mutual Group Risk Alert: CFPB Ramps Up Attack on Junk Fees
- CUNA Voices Concerns Over CFPB ‘Abusive Practices’ Rulemaking
- CUNA-Led Litigation Results in Nationwide Stay of CFPB’s 1071 Rule
- CURRENT Newsletter | October 6, 2023
- CUs Concerned with CFPB Position on Fees, Data Collection
- CUs Urge Parity by Filing Motion to Intervene in District Court 1071 Ruling
- CUs, League Make Case for ‘Credit Union Difference’ in Meeting with CFPB's Chopra; Note Impact of ‘One-Size-Fits-All’ Regulation, Ever-Evolving Regulatory Challenges
- CUs, League Meet In Washington with Offices of Reps. Wittman, Kiggans, Beyer
- Deja Vu All Over Again: CFPB Fines Big Bank for Opening Fake Accounts
- Democratic State AGs Call on Four Big Banks to Eliminate Overdraft Fees
- Dems Urge CFPB To Bolster Payment App Fraud Protections
- DOJ Backs Democrats in FDIC Board Struggle
- Ex-Obama Civil Rights Official Named Chief Enforcement Official for CFPB
- Expanded Anti-Discrimination Guidelines Create Compliance Challenge for US FIs
- Federal Agencies Instructed to Minimize Effect of Medical Debt in Loan Considerations
- Federal Court Halts CFPB Small Business Lending Rule for Some
- FFIEC Updates Filing Instructions, Supplemental Guides for Quarterly HMDA Filers
- FHFA, CFPB Urge Financial Firms to Offer Disclosures in Spanish
- Firms Vie To Lead Consolidated Equifax Glitch Fight in Georgia
- FTC Also Exploring a Crackdown on Junk Fees
- Further Research Needed Before CFPB Overdraft Actions
- GOP Seeks to Subject CFPB to Appropriations Process Following Ruling
- HMDA Reminder – Use the 2020 Census Data Beginning January 1, 2022
- House Financial Services Committee, Subcommittees Holding Hearings Next Week
- House Republicans to CFPB’s Chopra: Watch Out
- In Address at Tidewater Chapter, League President Urges Advocates' Action on IRS Reporting Proposal
- In Parting Swipe at the CFPB, Toomey Proposes Appropriations Process for Agency's Funding
- Lawsuit Says Equifax Error Made Loan Pricier
- League Comments on CFPB's Small Biz Data Collection Proposal
- League Compliance Newsletter (09/13/2021)
- League Congratulates Apple FCU's Andy Grimm on Appointment to CFPB's Credit Union Advisory Council
- League Files Comment Letter on Credit Card Late Fees; Notes 'Negative Consequences' of CFPB Proposal
- League Highlights Busy Week of Advocacy Work
- League Hosting Virtual Meeting Sept. 9 with CFPB Staff
- League Hosts Meeting With CFPB
- League Monitoring Long-Awaited Supreme Court Case That May Decide CFPB's Future
- League Notes CFPB's Focus, Recent Action on 'Fees' Will Harm CUs, Members
- League Praises House Committee Passage of CFPB Reforms
- League President/CEO Carrie Hunt Interviews Virginia Attorney General Jason Miyares
- League Submits HMDA Comment Letter Opposing Any Changes That Represent Added Compliance Burden for CUs
- League Writes Congress in Support of Restructuring CFPB From Single-Director to 5-Member Commission
- League's Comment Letter to CFPB on Fees: CUs' Fees Represent Cost of Doing Business, Some Fees Already Regulated
- League's Compliance Roundtable Covers CFPB's Focus on Consumer Fees, Consumer Report Disputes
- League, CUs Meet with Sen. Warner, Offices of Other Lawmakers as ‘Hike The Hill’ Efforts Continue
- Leagues, CUNA and NAFCU File Brief with U.S. Supreme Court on CFPB’s Leadership, Funding Structures
- Leagues, CUNA Write Banking Committees in Advance of Hearings with CFPB's Chopra
- Litigation Leaves CFPB’s Payday Rule in Limbo
- Live from the GAC: Updates from Our Regulators
- Money 20/20 Coverage: Just Hours After CFPB Announcement, Panel Talks Open Banking, What Could Lie Ahead
- More Rules on Fees in the Works
- NAFCU Compliance Blog - A CFPB Roundup
- NAFCU Compliance Blog: Algorithmic Action - UDAAPs and a Fine for Hello Digit
- NAFCU Compliance Blog: CFPB Issues Interpretative Rule on Digital Marketing Providers
- NAFCU Compliance Blog: CFPB Releases Report Highlighting Military Complaints
- NAFCU Compliance Blog: CFPB Reports Market Research of BNPL Fintech
- NAFCU Compliance Blog: Data Security - It’s Also a UDAAP Issue
- NAFCU Compliance Blog: De Minimis Exception to Submitting Credit Card Agreements to the CFPB
- NAFCU Compliance Blog: Fall 2022 Supervisory Highlights Part I: Auto Servicing, Consumer Reporting, Credit Card Account Management, and Debt Collection
- NAFCU Compliance Blog: Spooky CFPB Enforcement Actions on Remittance Transfers and Overdraft Fees
- NAFCU Compliance Blog: Spring 2022 Supervisory Highlights Part II: Mortgage Origination, Prepaid Accounts, Remittances, and Student Loan Servicing
- NAFCU Compliance Blog: The Fifth Circuit and the CFPB
- NCUA, CFPB Rescind COVID Flexibilities in Mortgage Servicing Disclosures
- New CFPB Leadership Can Recalibrate Approach to Credit Unions
- New Director Rohit Chopra Says CFPB Looking Out for Families, Workers and Communities
- New UDAAP Exam Parameters: Beyond Fair Lending
- New VA Rule Relieves Financial Distress for Thousands of Veterans with Medical Bills
- Once Confirmed, League Ready to Work With New CFPB Director
- Overdraft / NSF Fee Lawsuits Target Reg E’s Model Opt-in Form
- Pages From the Diary of Mrs. C. Hunt - Sept. 22, 2021
- PayPal Suit Poses Broad Threat to CFPB Authority
- President Biden Cites Bank 'Junk Fees' as Weighing Down Families
- REGular Blog: Bank Customers Are Having Accounts Closed ... Is BSA to Blame?
- REGular Blog: More Developments in CFPB Court Cases
- Regulatory Agencies Release Rulemaking Agendas
- Regulatory Alert (22-RA-03) 2022 Truth in Lending Act (Regulation Z) Adjustment to Asset-Size Exemption Threshold
- Regulatory Compliance Weekly Roundup: Aug. 25, 2023
- Regulatory Compliance Weekly Roundup: Aug. 4, 2023
- Regulatory Compliance Weekly Roundup: July 7, 2023
- Regulatory Compliance Weekly Roundup: June 23, 2023
- Regulatory Compliance Weekly Roundup: June 30, 2023
- Regulatory Compliance Weekly Roundup: November 3, 2023
- Regulatory Compliance Weekly Roundup: Oct. 13, 2023
- Regulatory Compliance Weekly Roundup: Oct. 6, 2023
- Regulatory Compliance Weekly Roundup: Sept. 1, 2023
- Reminder: Comments Due Jan. 6 on CFPB Small Business Lending Data Collection Proposal
- Repeat Offenders Beware…the CFPB is Looking at You
- Report: CFPB Unlikely to Undertake Consumer Arbitration Rulemaking in Near Future
- Republicans Preview Harsh Oversight of CFPB's Chopra in Next Congress
- Request for Information Regarding Mortgage Refinances, Forbearances
- Request for Information Regarding Relationship Banking and Customer Service
- Risk Alert: CFPB Focus on Credit Card Late Fees as Harmful to Low-Income Consumers
- Rumored Regulation E, EFTA Expansion from CFPB is ‘Unwise, Unlawful’
- SCOTUS Will Hear Challenge to CFPB Funding Mechanism
- Senate Banking Committee Outlines Priorities for 2023
- Senate Votes for Resolution to Repeal CFPB’s Small-Business Data Collection Rule; League Noted Issues with Scope, Potential Burden of Rule
- Small Business Data Collection: Share Your Concerns With CFPB
- Spring 2022 Supervisory Highlights Part I: Auto Servicing, Consumer Reporting, Credit Card Account Management, Debt Collection, and Deposits
- Statement of CFPB Director Chopra on Stablecoin Report
- Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, on Proposals to Prevent Bailout Risk and Guard Against Increased Concentration in Banking
- Status Update: CFPB Requests Information on the Credit Card Market
- Strong Data Security Standard with ‘Clear, Robust Mechanisms’ Needed
- Support Spanish-Speaking Members with Spanish-Language Disclosures
- Supreme Court Ruling Means CFPB Must Start Over on Payday Loan Rules, Attorney Argues
- This Week in Regulatory Compliance: June 12-16, 2023
- Time Running Out for Student Loan Servicers to Help Servicemembers with Student Loans Get Debt Relief
- Top Republican Knocks CFPB, Credit Bureaus on Exclusion of Medical Debt
- Trade Associations Say CFPB's Overdraft Research Reports Lacked Important Facts
- Trade Groups Seek More Time to Comment on CFPB's Proposed Credit Card Fee Cuts
- TransUnion Fights CFPB in 'Groundhog Day' Lawsuit
- Two Different Camps of State AGs Want SCOTUS Review of CFPB Constitutionality, But for Different Reasons
- Two Virginians Appointed to CFPB's Credit Union Advisory Council
- Virginia CU Advocates Reach Congressional Delegation Through ‘Hike The Hill,’ Summer Legislative Events
- Virginia CU's Deb Wreden Continues Service on CFPB's Credit Union Advisory Council
- Want to Serve on CFPB's Credit Union Advisory Council? Application Deadline Fast Approaching
- Week’s Advocacy Issues Dominated By Interchange, Injunction Blocking CFPB’s Reporting Rule on Small Biz Lending
- What Buy Now/Pay Later Fintechs Can Expect Next from the CFPB
- Why Regulators Can't Go as Far as They'd Like to Stop Zelle Scams
- Will Regulators’ Warnings Chill Lenders’ Use of AI?
- ‘Buy Now, Pay Later’ Products Need Further Examination
- ‘Significant Risks’ Remain for Many Homeowners in Making Mortgage Payments, CFPB Report Finds