December 2021 Articles – CFPB Journal

Report highlights mortgage servicing, fair lending violations

A 2021 supervisory highlights report from the Consumer Financial Protection Bureau covering the first half of the year highlighted mortgage servicing, fair lending, payday loan and remittance violations.

CFPB director pledges tougher stand on bank overdraft, NSF fees

Consumer Financial Protection Bureau Director Rohit Chopra is pledging to take a stronger stand against bank overdraft and non-sufficient fund fees by enhancing supervisory and enforcement scrutiny of financial institutions “that are heavily dependent on overdraft fees.”