CFPB Director Kathleen L. Kraninger's Speech at the Debt Collection Town Hall

Thank you all for coming. I’m delighted to be at my first CFPB town hall. Philadelphia has always been a special place to me. With Independence Hall as the foundation, this city always reminds me of the importance of democracy and public service.  

Thank you all for coming. I’m delighted to be at my first CFPB town hall. Philadelphia has always been a special place to me. With Independence Hall as the foundation, this city always reminds me of the importance of democracy and public service.  

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-kathleen-l-kraninger-speech-debt-collection-town-hall/

Federal Reserve Board announces termination of enforcement action with First American Bancorp

Federal Reserve Board announces termination of enforcement action with First American Bancorp

Federal Reserve Board announces termination of enforcement action with First American Bancorp

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/enforcement20190507a.htm

Consumer Financial Protection Bureau Proposes Regulations to Implement the Fair Debt Collection Practices Act

Today the Consumer Financial Protection Bureau (Bureau) is proposing updates to implement the Fair Debt Collection Practices Act (FDCPA). 

Today the Consumer Financial Protection Bureau (Bureau) is proposing updates to implement the Fair Debt Collection Practices Act (FDCPA). 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-proposes-regulations-implement-fair-debt-collection-practices-act/

OCC Releases CRA Evaluations for 32 National Banks and Federal Savings Associations

The Office of the Comptroller of the Currency (OCC) released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of April 1, 2019 through April 30, 2019. The list contains only national banks, federa…

The Office of the Comptroller of the Currency (OCC) released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of April 1, 2019 through April 30, 2019. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-44.html

Federal Reserve Board invites comment on a proposal to apply netting protections to a broader range of financial institutions

Federal Reserve Board invites comment on a proposal to apply netting protections to a broader range of financial institutions

Federal Reserve Board invites comment on a proposal to apply netting protections to a broader range of financial institutions

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20190503a.htm

Federal Reserve System’s Community Development Research Conference to focus on challenges faced by the middle class

Federal Reserve System’s Community Development Research Conference to focus on challenges faced by the middle class

Federal Reserve System's Community Development Research Conference to focus on challenges faced by the middle class

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/other20190502a.htm

Consumer Financial Protection Bureau Proposes Changes to HMDA Rules

The Consumer Financial Protection Bureau (Bureau) today issued a Notice of Proposed Rulemaking (NPRM), which proposes to raise the coverage thresholds for collecting and reporting data about closed-end mortgage loans and open-end lines of credit under …

The Consumer Financial Protection Bureau (Bureau) today issued a Notice of Proposed Rulemaking (NPRM), which proposes to raise the coverage thresholds for collecting and reporting data about closed-end mortgage loans and open-end lines of credit under the Home Mortgage Disclosure Act (HMDA) rules. 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-proposes-changes-hmda-rules/

Consumer Financial Protection Bureau Files Suit Against Lexington Law, PGX Holdings, and Related Entities

The Consumer Financial Protection Bureau (Bureau) today filed a complaint against PGX Holdings Inc. and subsidiaries Progrexion Marketing Inc., Progrexion Teleservices Inc., eFolks LLC, and CreditRepair.com Inc.; and against John C. Heath, Attorney at …

The Consumer Financial Protection Bureau (Bureau) today filed a complaint against PGX Holdings Inc. and subsidiaries Progrexion Marketing Inc., Progrexion Teleservices Inc., eFolks LLC, and CreditRepair.com Inc.; and against John C. Heath, Attorney at Law PLLC, which does business as Lexington Law.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-files-suit-against-lexington-law-pgx-holdings-and-related-entities/