CFPB Announces Additional Member of Taskforce on Federal Consumer Financial Law

The Consumer Financial Protection Bureau (CFPB) today announced an additional member who will serve on the Taskforce on Federal Consumer Financial Law.  

The Consumer Financial Protection Bureau (CFPB) today announced an additional member who will serve on the Taskforce on Federal Consumer Financial Law.  

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-additional-member-to-taskforce/

Consumer Financial Protection Bureau Issues No-Action Letter to Facilitate Housing Counseling Services for Prospective Home Buyers

CFPB granted a no-action letter to Bank of America, N.A. regarding the bank’s funding arrangements with housing counseling agencies certified by the U.S. Department of Housing and Urban Development.

CFPB granted a no-action letter to Bank of America, N.A. regarding the bank’s funding arrangements with housing counseling agencies certified by the U.S. Department of Housing and Urban Development.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-no-action-letter-to-facilitate-housing-counseling-services/

CFPB Announces Membership of Taskforce on Federal Consumer Financial Law

The Consumer Financial Protection Bureau (CFPB) today announced four members who will serve on the Taskforce on Federal Consumer Financial Law.

The Consumer Financial Protection Bureau (CFPB) today announced four members who will serve on the Taskforce on Federal Consumer Financial Law.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-membership-taskforce-federal-consumer-financial-law/

CFPB, Utah's Attorney General Announce Inaugural Joint Office Hours in Salt Lake City

CFPB and the Office of the Utah Attorney General announced the first joint office hours to be held as part of the American Consumer Financial Innovation Network (ACFIN).

CFPB and the Office of the Utah Attorney General announced the first joint office hours to be held as part of the American Consumer Financial Innovation Network (ACFIN).

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-and-utah-attorney-general-announce-joint-office-hours/

Consumer Financial Protection Bureau Announces Action Against Monster Loans, Lend Tech Loans, and Associated Student Loan Debt-Relief Companies

The Consumer Financial Protection Bureau (Bureau) filed suit against several companies and individuals involved in offering student loan debt-relief services for allegedly obtaining consumer reports illegally, charging unlawful advance fees, and engagi…

The Consumer Financial Protection Bureau (Bureau) filed suit against several companies and individuals involved in offering student loan debt-relief services for allegedly obtaining consumer reports illegally, charging unlawful advance fees, and engaging in deceptive conduct.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-action-against-monster-loans-lend-tech-loans-and-student-loan-debt-relief-companies/

CFPB Issues Financial Literacy Annual Report

The Consumer Financial Protection Bureau issued its Financial Literacy Annual Report for fiscal year 2019.

The Consumer Financial Protection Bureau issued its Financial Literacy Annual Report for fiscal year 2019.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-2019-financial-literacy-annual-report/

Director Kraninger's Remarks Before the National Association of Attorneys General Capital Forum

Director Kraninger’s remarks before the National Association of Attorneys General Capital Forum.

Director Kraninger's remarks before the National Association of Attorneys General Capital Forum.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/director-kraningers-remarks-national-association-attorneys-general-capital-forum/

Kraninger Marks First Year as Director of the Consumer Financial Protection Bureau

Consumer Financial Protection Bureau Director Kathleen L. Kraninger marks first year.

Consumer Financial Protection Bureau Director Kathleen L. Kraninger marks first year.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/kraninger-marks-first-year-director-consumer-financial-protection-bureau/

Federal Regulators Issue Joint Statement on the Use of Alternative Data in Credit Underwriting

Five Federal financial regulatory agencies issued a joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms.

Five Federal financial regulatory agencies issued a joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/federal-regulators-issue-joint-statement-use-alternative-data-credit-underwriting/

Consumer Financial Protection Bureau Issues Notice of Proposed Rulemaking on Remittance Rule

The Consumer Financial Protection Bureau (Bureau) issued a Notice of Proposed Rulemaking (NPRM) relating to the Remittance Rule (Rule).

The Consumer Financial Protection Bureau (Bureau) issued a Notice of Proposed Rulemaking (NPRM) relating to the Remittance Rule (Rule).

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-notice-proposed-rulemaking-remittance-rule/