The Department of Justice, in collaboration with the OCC and CFPB, launched a major new initiative to combat redlining and discriminatory lending practices, and announced the first settlement reached under the new program.
The Consumer Financial Protection Bureau today issued a statement outlining its supervisory practices with regard to major disasters or emergencies.
Acting Comptroller of the Currency Michael Hsu said he “feels the urgency” to modernize the Community Reinvestment Act regulations as soon as possible.
A federal district court on Tuesday denied payday lenders’ challenge to the CFPB’s 2017 small-dollar lending rule.
When you multiply all the custom requirements across a multitude of platforms and vendors supporting bank marketing, the investment to display one logo is dizzying. Can disclosures be centralized instead?
With pandemic-related rental protections set to expire over the coming months, the Consumer Financial Protection Bureau today issued a compliance bulletin and policy guidance regarding consumer reporting of rental information.
The Consumer Financial Protection Bureau today issued a “Supervisory Highlights” report focusing on recent examiner observations of several financial products. Among other things, examiners flagged issues related to consumer reporting, debt collection and payday lending.
Maureen Carollo, SVP and director of compliance for Great Plains National Bank, received the Distinguished Service Award for compliance during the American Bankers Association’s Regulatory Compliance Virtual Conference today.
The Federal Financial Institutions Examination Council today released updates to its Bank Secrecy Act/anti-money laundering…
In a reversal of existing policy, the Consumer Financial Protection Bureau today issued an interpretive rule stating that it has statutory authority to conduct Military Lending Act supervision activities, and signaled that it will resume MLA examinations.