CFPB Issues Interim Final Rule on Loss Mitigation Options for Homeowners Recovering from Pandemic-Related Financial Hardships
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) issued today an interim final rule (IFR) that will make it easier for consumers to transition out of financial hardship caused…
U.S. Humanitarian and Development Assistance for Venezuela Regional Crisis
The United States is the largest single donor for the humanitarian response to the Venezuela regional crisis, providing assistance that supports refugees, asylum seekers, and other vulnerable populations of concern.…
Consumer Financial Protection Bureau Settles with Contract for Deed Companies for Engaging in Deceptive Acts and Practices and Violating Credit Reporting Rules
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (Bureau) settled with Harbour Portfolio Advisors, LLC (Harbour); National Asset Advisors, LLC (NAA); and National Asset Mortgage, LLC (NAM), companies that…
Designation of Paraguayan Officials Edgar Melgarejo, Jorge Bogarin, and Vicente Ferreira for Involvement in Significant Corruption
Today the United States is announcing the designations of the former Director of the Paraguayan Civil Aviation Authority Edgar Melgarejo, current member of the Paraguayan Panel for the Discipline of…
CFPB Issues Interpretive Rule on Method for Determining Underserved Areas
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today issued an interpretive rule to provide guidance to creditors and other persons involved in the mortgage origination process about the…
Pivotal Moments Media and Recovery Club America Announce Partnership
Recovery Club America provides online therapies and mental fitness coaching. Partnership changes behavioral health treatment and fitness model, filling gaps in services and expanding access in positive and constructive... The…
FFIEC Announces Availability of 2019 Data on Mortgage Lending
WASHINGTON, D.C. – The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2019 mortgage lending transactions at 5,508 U.S. financial institutions covered by the Home…
CFPB Announces Tech Sprints To Empower Consumers, Reduce Regulatory Burden
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) today announced its first-ever Tech Sprints to reduce regulatory burden and improve consumer understanding of financial services. The Bureau’s Tech Sprints…
CFPB, OCC Host Virtual Innovation Office Hours
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) today announced they will host joint, virtual Innovation Office Hours, July…
Consumer Financial Protection Bureau Issues Proposed Rule on Escrow Exemptions for Certain High-Priced Mortgage Loans
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today issued a notice of proposed rulemaking (NPRM) that would amend Regulation Z to provide a new exemption available to certain…