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CFPB Bites of the Month - April 2024 - Won't Get Fooled Again, CFPB | JD Supra
JD Supra· 14 hours agoIn this month's article, we share some of our top "bites" covered during the April 2024 webinar. There he discussed how the CFPB's Fair Credit Reporting Act (FCRA) enforcement ...
Did the CFPB Create New Obligations for Mortgage Servicers in Its Supervisory Highlights Report? |...
JD Supra· 1 day agoWhile the Spring 2024 Supervisory Highlights report issued by the Consumer Financial Protection Bureau (CFPB) largely covered loss mitigation deficiencies and fee practices ...
CFPB Crusade Continues: Mortgage Servicers and "Junk Fees" | JD Supra
JD Supra· 1 day agoContinuing its vigorous effort to eliminate so-called “junk fees,” and detailing other problematic mortgage servicer activities, the Consumer Financial Protection Bureau (CFPB
CFPB’s Office of Minority and Women Inclusion Publishes Annual Report to Congress | JD Supra
JD Supra· 1 day agoThe CFPB’s Office of Minority and Women Inclusion (OMWI) provided its annual report to Congress covering the agency’s efforts in 2023. Section 342 of the Dodd-Frank, Wall ...
CFPB Issues Findings on Recent Changes in Medical Collections on Consumer Reports | JD Supra
JD Supra· 1 day agoEarlier this week, the Consumer Financial Protection Bureau (CFPB or Bureau) released its second report detailing changes in the credit reporting of medical debts made by ...
CFPB Uses Laboratory Experiments to Attack Junk Fees | JD Supra
JD Supra· 1 day agoOn April 30, 2024, the Consumer Financial Protection Bureau (“CFPB”) published a report called “Price Complexity in Laboratory Markets” that concluded that the financial services ...
PayPal off hook in CFPB probe into Venmo fund transfers
Compliance Week· 1 day agoPayPal said it received investigative demands from the CFPB “related to Venmo’s unauthorized funds...
CFPB: Medical Bills Plague Lower-Income Americans
PYMNTS.com· 4 days agoNew government data shows 15 million Americans still have medical bills on their credit reports. Collectively, these Americans have more than $49 billion...
CFPB Finds For-Profit Coding School Misrepresented Nature of Its Lending Products and Job Placement...
JD Supra· 1 day agoThe Consumer Financial Protection Bureau continues to expand its presence into different businesses, including for-profit colleges. On April 17, 2024, the CFPB issued a consent ...
CFPB Updates its Procedures for Determining Which Nonbanks it Can Supervise | JD Supra
JD Supra· 4 days agoThe Consumer Financial Protection Bureau (CFPB) recently issued a new procedural rule to streamline how it determines which nondepository institutions it has the authority ...