Archive for Supervision

The CFPB is monitoring financial institutions’ use of chatbot technology to ensure consumers receive timely and reliable support from their providers

See the full post at consumerfinance.gov

Today, the CFPB is releasing our updated Mortgage Servicing Examination Procedures, providing transparency to stakeholders about how we do our work

See the full post at consumerfinance.gov

The CFPB’s supervisory activities may help entities identify issues before they become systemic or cause significant harm

See the full post at consumerfinance.gov

Today, we finalized changes to our procedural rule related to nonbank supervision based on a risk determination

See the full post at consumerfinance.gov

Banks and credit unions heavily rely on fees from overdrafts and non-sufficient funds transactions

See the full post at consumerfinance.gov

When you dispute credit information with your bank or other furnisher, you should get a clear and understandable response stating a result

See the full post at consumerfinance.gov

The CFPB examines financial companies for compliance with Federal law, to protect consumers and maintain well-functioning markets

See the full post at consumerfinance.gov

The CFPB is taking action against private student loan servicers that fail to live up to their promises

See the full post at consumerfinance.gov

The Division of Supervision, Enforcement, and Fair Lending is taking action against sloppy servicing practices that cause consumer harm, such as unfair practices that may occur when add-on products terminate

See the full post at consumerfinance.gov

The Consumer Financial Protection Bureau (CFPB) announced today that it will extend the deadline for the public to share input and stories on their experiences with exploitative junk fees through April 11, 2022

See the full post at consumerfinance.gov