Truth in Savings Act (TISA) examination procedures
Summary Regulation DD (12 CFR Part 1030), which implements the Truth in Savings Act (TISA), became effective in June 1993. An official staff commentary interprets the requirements of Regulation DD…
Consumer Leasing Act (CLA) examination procedures
Summary For consumers, leasing is an alternative to buying property either with cash or on credit. A lease is a contract between a lessor (the property owner) and a lessee…
Joint Statement on the Third U.S.-Kenya Bilateral Strategic Dialogue
The text of the following statement was released by the Governments of the United States of America and the Kenya on the occasion of U.S.-Kenya Bilateral Strategic Dialogue in Washington,…
FFIEC Statement on the Impact of Drought Conditions on Financial Institutions
### The Consumer Financial Protection Bureau (CFPB) is a 21st century agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules,…
Consumer Financial Protection Bureau Report Finds Private Student Loan Borrowers Face Roadblocks to Repayment
Complaints of Surprises, Runarounds, and Dead-Ends Similar to Problems Found in Mortgage Servicing WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) Student Loan Ombudsman released a report today that…
CFPB Proposes Making it Easier for Stay-at-Home Spouses and Partners to Get Credit Cards
WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) proposed updates to existing regulations to make it easier for spouses or partners who do not work outside of the…
CFPB Report Finds Servicemembers Face Hurdles in Accessing Student Loan Benefits
CFPB Partners with Department of Defense to Educate and Protect Members of the Military WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) released a report outlining the unique…
CFPB Now Taking Complaints on Credit Reporting
For the First Time Consumers Will Get Federal Assistance on Complaints WASHINGTON, D.C.— Today the Consumer Financial Protection Bureau (CFPB) began accepting consumer complaints about credit reporting, giving consumers individual-level…
Ambassador Hussain’s Travel to Israel and the West Bank
U.S. Ambassador at Large for International Religious Freedom Rashad Hussain traveled to Israel and the West Bank on April 13-18 to meet with government and civil society leaders as well…
CFPB to Oversee Debt Collectors
Bureau Publishes Exam Procedures and Answers Consumer Questions on Debt Collection Practices WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) published a rule today that will allow the agency…