Compliance
Under the Hood: CFPB’s ‘junk fee’ probe lacks transparency
The Consumer Financial Protection Bureau has stepped up scrutiny of auto loan servicers’ fees for late payments, repossessions and payment...
CFPB increases enforcement staff, leans on public releases
The Consumer Financial Protection Bureau will likely bring a mix of aggressive enforcement and a strategy defined by public releases...
CFPB: ‘Junk fees’ in auto servicing are unfair, deceptive
Continuing its aggressive push of investigating and regulating so-called junk fees charged by banks and financial companies, the Consumer Financial...
SVB collapse spurs regulatory review of mid-size banks
Mid-size banks could soon face stricter federal regulatory oversight following last week’s swift collapse of Silicon Valley Bank and Signature...
Data Sharing: Which privacy laws apply?
When a lender shares data outside of its organization, the question often arises of what laws apply to the sharing....
Equipment vendors must protect personal information under FTC rule change
Equipment vendors soon will be held to the same standards as banks when it comes to protecting consumer and employee...
Consumer agency’s funding system gets Supreme Court test at Biden’s behest
The US Supreme Court will consider whether the Consumer Financial Protection Bureau’s funding system is constitutional, taking up a case...
New data request could feed CFPB enforcement actions
The Consumer Financial Protection Bureau appears to have begun an extensive fishing expedition into auto finance origination and servicing procedures....
