Latest CFPB ‘Supervisory Highlights’ report cites unfair auto lending, medical collections, payday lending
The report covers examinations completed from July 2022 to March 2023.
Tag: Payday lending
CFPB report flags pandemic-related issues in deposits, mortgage servicing
The CFPB issued a “Supervisory Highlights” report focusing on recent examiner observations of several financial products.
CFPB issues report on payday loan extended payment ahead of appellate court case
The CFPB found that payday loan borrowers rarely used extended payment plans for managing payday loans that they could not ...
Fifth Circuit Extends Stay of Compliance Date of 2017 Payday Rule
A federal appellate court last week extended the compliance date of the CFPB’s 2017 payday rule until 286 days after ...
CFPB Flags Consumer Reporting, Debt Collection, Payday Lending Issues in Supervisory Highlights
The Consumer Financial Protection Bureau today issued a “Supervisory Highlights” report focusing on recent examiner observations of several financial products. ...
CFPB Flags Lapses in Reg X Compliance After Disasters
Violations of Regulation X--including the failure of some mortgage servicers to provide certain loss mitigation notices, providing incomplete notices or ...
CFPB Updates Rulemaking Agenda
The Consumer Financial Protection Bureau today announced updates to its rulemaking agenda for 2019. Significantly, the bureau said that it ...
CFPB Extends Compliance Date of Underwriting Provisions in Payday Rule
The Consumer Financial Protection Bureau yesterday issued a final rule extending the compliance date for the mandatory underwriting provisions of ...
ABA Urges CFPB to Exclude Traditional Consumer Loans from Payday Rule
In a comment letter to the Consumer Financial Protection Bureau yesterday, ABA urged the bureau to revise its payday rule ...
Georgia Lawmaker Introduces Bill Aimed at Financial Inclusion
Rep. David Scott (D-Ga.) last week introduced a bill aimed at promoting financial inclusion for American consumers.
