CFPB Announces Policy Regarding Prohibition on Abusive Acts of Practices

The Consumer Financial Protection Bureau (Bureau) issued a policy statement providing a common-sense framework on how it intends to apply the “abusiveness” standard in supervision and enforcement matters.

The Consumer Financial Protection Bureau (Bureau) issued a policy statement providing a common-sense framework on how it intends to apply the “abusiveness” standard in supervision and enforcement matters.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-policy-regarding-prohibition-abusive-acts-practices/

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/

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/

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/

CFPB Announces Panels for CFPB-FTC Workshop on Accuracy in Consumer Reporting

CFPB announced the panels for its December 10, 2019 workshop, cohosted with the Federal Trade Commission (FTC), to examine issues affecting the accuracy of traditional credit reports.

CFPB announced the panels for its December 10, 2019 workshop, cohosted with the Federal Trade Commission (FTC), to examine issues affecting the accuracy of traditional credit reports.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-panels-for-cfpb-ftc-accuracy-in-consumer-reporting-workshop/