On June 25, the Consumer Financial Protection Bureau released a bulletin informing banks of ways they can favorably affect the ultimate resolution of an enforcement action from the bureau.
In the last two weeks, small banks have seen some accommodation from the Consumer Financial Protection Bureau on mortgage loans.
Speaking of picking winners and losers in the private sector, sometimes government officials get to choose someone familiar to be the winner: themselves.
On May 31, the Consumer Financial Protection Bureau added another wave of complaint data to its complaint database, expanding the number of publicly reported complaints to 113,000.
In its white paper on financial education released in April, the Consumer Financial Protection Bureau pointed to in-school branches as a way to build students’ financial literacy through hands-on learning.