FFIEC Issues Guidance on Authentication and Access to Financial Institution Services and Systems
WASHINGTON, D.C. – The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, today issued guidance that provides financial institutions with examples of effective authentication and access risk…
CFPB Takes Action Against Debt Collector for Failing to Investigate Reports of Identity Theft and Misrepresenting Consumers’ Debts
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) yesterday filed a proposed settlement to resolve a lawsuit against a debt collection enterprise and its owner. The CFPB alleges that…
Mortgage refinance loans drove an increase in closed-end originations in 2020, new CFPB report finds
WASHINGTON, D.C. – A new Home Mortgage Disclosure Act (HMDA) data report on residential mortgage lending trends released today by the Consumer Financial Protection Bureau finds that the total number…
CFPB Proposes Rule to Shine New Light on Small Businesses’ Access to Credit
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today proposed a new rule designed to help small businesses gain access to the credit they need and deserve by increasing…
Department of State Dedicates New U.S. Embassy in Guatemala City, Guatemala
In an important symbol of our enduring friendship with Guatemala, U.S. Ambassador William Popp and Overseas Buildings Operation’s (OBO) Director Will Moser officially dedicated the new U.S. Embassy Guatemala City…
CFPB Takes Action Against Student Lender for Misleading Borrowers about Income Share Agreements
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) took action today against an income share agreement (ISA) provider for mispresenting its product and failing to comply with federal consumer…
Under Secretary Fernandez’s Travel to Colombia, Panama, and Brazil
Under Secretary of State for Economic Growth, Energy, and the Environment Jose W. Fernandez will travel to Bogotá, Colombia, March 17-18, Panama City, Panama, March 19-20, and Brasília and Rio…
CFPB Sues LendUp Loans for Violating 2016 Consent Order and Deceiving Borrowers
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today filed a lawsuit in federal district court accusing LendUp Loans, LLC of violating a 2016 consent order and deceiving tens…
Secretary Antony J. Blinken with Moussa Yahaya of TeleSahel
(Via interpreter.) QUESTION: Secretary of State, good evening. It’s an honor to having you for an interview at the occasion of your passage here in Niger. So first of all,…
Consumer Financial Protection Bureau Issues Report Finding a Continued Decline in College Credit Card Agreements in 2020
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released a report on the agreements signed between credit card issuers and colleges, or organizations affiliated with colleges, finding that…