News stories tagged CFPB

Feb. 10: CFPB Updates This Week

PUBLISHED FEB 9, 2023 CFPB publishes HMDA Regulatory and Reporting Overview Reference Chart for Data Collected in 2023 Today, the CFPB published the Regulatory and Reporting Overview Reference Chart for HMDA...

CFPB Proposes Rule to Rein in Excessive Credit Card Late Fees

Proposed rule seeks to close loophole exploited by companies to hike fees with inflation Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule to curb excessive credit card late...

Jan. 27: CFPB Updates This Week

NASCUS Summary: CFPB Request for Information Regarding Consumer Credit Card Market Section 502(a) of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act or Act) requires the...

CFPB Issues Guidance to Root Out Tactics Which Charge People Fees for Subscriptions They Don’t Want

New circular addresses dark patterns and other tricks used by companies to confuse and deceive consumers enrolled in subscription services. The Consumer Financial Protection Bureau (CFPB) issued a new circular...

Jan. 13: CFPB Updates This Week

PUBLISHED JAN 11, 2023 CFPB Proposes Rule to Establish Public Registry of Terms and Conditions in Form Contracts That Claim to Waive or Limit Consumer Rights and Protections Companies can...

Jan. 6: CFPB Updates This Week

CFPB Issues Report on TransUnion, Experian, and Equifax Read the Annual report of credit and consumer reporting complaints: An analysis of complaint responses by Equifax, Experian, and TransUnion . Jan. 03, 2023...

CFPB Report Finds Household Financial Health is Declining after Several Years of Increased Savings

Annual survey of consumer financial health shows downtrends in ability to repay debts The Consumer Financial Protection Bureau (CFPB) released a new Making Ends Meet report covering the financial health of...

Dec. 16: CFPB Updates This Week

CFPB & FHFA news release announcing the publication of updated loan-level data for public use collected through the National Survey of Mortgage Originations The Consumer Financial Protection Bureau (CFPB) and...

Dec. 12: CFPB News This Week

NASCUS Member Benefit: Recent CFPB Resource Summaries CFPB Consumer Financial Protection Circular 2022-07: Reasonable Investigation of Consumer Reporting Disputes 12 CFR Chapter X The Consumer Financial Protection Bureau (CFPB) issued...

CFPB News This Week

Biden Asks Supreme Court to Overturn Fifth Circuit’s CFPB Ruling The Biden Administration on Monday asked the U.S. Supreme Court to overturn an appeals court decision that found that the...

Agencies Announce Dollar Thresholds in Regulation Z and Regulation M for Exempt Consumer Credit and Lease Transactions

October 13, 2022 — The Federal Reserve Board and the Consumer Financial Protection Bureau today announced the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2023...

Fed’s Top Banking Regulator Signals Tougher Merger Reviews

Federal Reserve’s Michael Barr highlights priorities in initial public remarks Sept. 7, 2022—The Federal Reserve’s new regulatory chief said Wednesday that the central bank is considering how to more-closely scrutinize...