Federal Regulators Issue Guidance on Reporting Financial Abuse of Older Adults
Joint Release Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationFederal Trade CommissionNational Credit Union AdministrationOffice of the Comptroller of the CurrencySecurities and Exchange Commission…
CFPB Finds Card Act Reduced Penalty Fees And Made Credit Card Costs Clearer
Bureau Finds Cost of Credit Has Generally Declined but Concerns Remain WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today released a report detailing how the Credit Card Accountability…
CFPB Takes Action Against Meracord for Processing Illegal Debt-Settlement Fees
Payment Processor to Pay $1.376 Million for Aiding Illegal Practices by Debt-Settlement Companies WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) announced an enforcement action against Meracord LLC,…
CFPB Takes Action Against Nonbank and Bank for Inaccurate Mortgage Loan Reporting
Bureau Puts Mortgage Lenders on Notice about Integrity of Mortgage Information WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) ordered Mortgage Master, Inc. and Washington Federal to pay…
Assistant Secretary Noyes Travels to Arizona
Assistant Secretary for the Bureau of Population, Refugees, and Migration Julieta Valls Noyes will travel to Arizona April 19-20. In Arizona, Assistant Secretary Noyes will meet with local refugee resettlement…
CFPB Provides Guidance on Mortgage Servicing Rules
Bureau Resolves Interpretive Issues Before January Implementation Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) is releasing a bulletin and interim final rule to provide greater clarity to…
Sanctioning Three Nicaraguan Judges Involved in Depriving Nicaraguans of Their Basic Right to Citizenship
The United States is taking further action to hold accountable perpetrators of the Nicaraguan regime’s repressive actions. The United States is imposing sanctions on the Nicaraguan judges who played a…
CFPB Report Highlights Private Student Loan Payment Processing Pitfalls
CFPB Issues Advisory to Help Consumers Provide Instructions to Servicers on Payments WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) Student Loan Ombudsman released a report analyzing complaints…
CFPB Publishes Procedures to Ensure Consumers Making Remittance Transfers are Protected
Bureau Also Releases Tool to Help Make Regulations Easier to Understand WASHINGTON – The Consumer Financial Protection Bureau (CFPB) today published the procedures it will use in examining institutions that…
Federal Regulators Provide Guidance on Qualified Mortgage Fair Lending Risks
Joint Release:Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency For immediate release:October 22, 2013 WASHINGTON…