CFPB sues auto lender over CFPA violations

The Consumer Financial Protection Bureau has issued a consent order against 3rd Generation, Inc., for illegally charging interest for late payment on its Loss Damage Waiver product without its customers’ knowledge.

Complaints rising in minority counties, CFPB says

Over the past two years, the Consumer Financial Protection Bureau received more complaints on a per-capita basis from consumers living in predominantly minority counties than from consumers in predominantly white, non-Hispanic counties.

CFPB delays QM rule compliance date

The Consumer Financial Protection Bureau formally delayed the mandatory compliance date of the General Qualified Mortgage final rule from July 1, 2021 to October 1, 2022. 

CFPB supports CDC eviction moratorium

The Consumer Financial Protection Bureau issued an interim final rule in support of the eviction moratorium instituted by the Centers for Disease Control and Prevention.

CFPB releases FDCPA report

The Consumer Financial Protection Bureau focused on debt collection requirements during the pandemic, according to this year’s report to Congress on the administration of the Fair Debt Collection Practices Act.

CFPB delays QM compliance date

The Consumer Financial Protection Bureau wants to push back the mandatory compliance date of the General Qualified Mortgage final rule from July 1, 2021 to October 1, 2022.

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