October 2020 Articles – CFPB Journal

CFPB settles with Washington Federal

Seattle-based Washington Federal Bank., N.A., has settled with the Consumer Financial Protection Bureau over allegations it reported inaccurate Home Mortgage Disclosure Act data.

CFPB makes GSE patch extension official

The Consumer Financial Protection Bureau issued a final rule to extend the Government-Sponsored Enterprise patch until the mandatory compliance date of a final rule amending the General Qualified Mortgage loan definition in Regulation Z.

College credit card agreements continue dropping

Institutions of higher learning are offering fewer co-branded cards to students, continuing a trend, according to a report from the Consumer Financial Protection Bureau.

CFPB offers guidance for early termination of consent orders

The Consumer Financial Protection Bureau offered guidance for how institutions may apply for early termination of a consent order and how the CFPB will evaluate early termination applications.