RSSCFPB seeks feedback on HMDA collection
The Consumer Financial Protection Bureau is asking for input on rules implementing the Home Mortgage Disclosure Act as it considers a review of their effectiveness.
Author Archives: CFPB Journal staff report
CFPB reinstates foreclosure requirements
The Consumer Financial Protection Bureau is reinstating some foreclosure timing requirements around Regulation X, it said in a joint statement with other government agencies.
CFPB warns companies over name-matching
Consumer reporting companies that rely on name-matching alone to match records to an individual are violating the Fair Credit Reporting Act, the Consumer Financial Protection Bureau said.
CFPB names supervision, enforcement chiefs
The Consumer Financial Protection Bureau has named an Assistant Director for the Office of Supervision Policy and Assistant Director for the Office of Enforcement.
Trustmark to pay $5 million over redlining suit
Mississippi’s Trustmark National Bank is settling a case with the Consumer Financial Protection Bureau and the U.S. Department of Justice over redlining allegations in the Memphis area.
CFPB names deputy director, other staff
Zixta Q. Martinez has been named deputy director at the Consumer Financial Protection Bureau, overseeing its operations division. The agency also named a chief of staff, chief technologist and associate director for consumer education and external affairs.
Report finds increase in digital adoption during pandemic
The Consumer Financial Protection Bureau recently revealed an increase in the adoption of fintech during the pandemic, according to a recent report.
California company used deceptive marketing, CFPB says
The Consumer Financial Protection Bureau filed a complaint and proposed consent order alleging that American Advisors Group used “inflated and deceptive” home estimates to get consumers into taking out reverse mortgages.
CFPB: Credit card debt fell at a record pace in 2020
Consumer credit card debt fell at an unprecedented pace last year, according to the annual Consumer Credit Card Market Report.
CFPB makes advisory board appointments
The Consumer Financial Protection Bureau has appointed new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council and Academic Research Council.
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