Today, the CFPB is releasing our updated Mortgage Servicing Examination Procedures, providing transparency to stakeholders about how we do our work
Archive for Policy and compliance – Page 3
The CFPB’s supervisory activities may help entities identify issues before they become systemic or cause significant harm
The United States District Court for the District of Columbia issued an order vacating the 2020 Home Mortgage Disclosure Act Final Rule as to the loan volume reporting threshold for closed-end mortgage loans
Today, we finalized changes to our procedural rule related to nonbank supervision based on a risk determination
The CFPB is seeking additional public input on companies’ acceptable use policies and their use of fines, liquidated damages provisions, and other penalties
Lenders must ensure all borrowers have equal access to available reconsideration of valuation processes
The CFPB recently filed an amicus brief to ensure furnishers follow their obligation to investigate disputes that consumers submit to credit reporting companies
By gathering better price and availability data for more credit card products and making it publicly available, the CFPB seeks to empower consumers to choose the best card for their unique situation and to encourage issuers to compete more on rates
Whistleblowers can help the CFPB protect consumers and support the rule of law
