October 2015 Articles – CFPB Journal

Complaint snapshot highlights credit card issues

The latest monthly complaint snapshot from the Consumer Financial Protection Bureau highlights customer issues with credit cards.

Federal Court affirms CFPB’s penalty against Third Party Servicers

Last month, the Consumer Financial Protection Bureau prevailed in federal court on an important decision interpreting the Consumer Financial Protection Act. The court denied a motion to dismiss a CFPB complaint.

CFPB finalizes HMDA reporting updates

The Consumer Financial Protection Bureau has finalized a rule updating reporting requirements of the Home Mortgage Disclosure Act.

CFPB could face House subpoenas

Last week, the House Financial Services Committee sent a letter to the Consumer Financial Protection Bureau requesting documentation pertaining to the Bureau’s recent enforcement actions against three auto lenders.

Student loan servicers put on notice by the CFPB

Last week, the Consumer Financial Protection Bureau issued a report critical of student loan processors. The report alleged widespread servicing failures reported by both federal and private student loan borrowers.