2021 Compliance Priorities, Updated
A quarter into the year, a quick check on how key areas are changing, with some important suggestions.
Tag: UDAAP
CFPB Rescinds 2020 Policy Statement on ‘Abusive’ Practices Under UDAAP
The Consumer Financial Protection Bureau today rescinded a January 2020 policy statement that clarified the bureau’s approach to citing and ...
Compliance Priorities for 2021
In light of the challenges throughout 2020, a high compliance priority will be ensuring that your interactions with your borrowers ...
CFPB Policy Statement Provides Clarity on ‘Abusive’ Practices Under UDAAP
The Consumer Financial Protection Bureau today issued a policy statement outlining how it intends to cite and challenge “abusive” conduct ...
CFPB to Host Symposium on UDAAP’s ‘Abusive’ Standard
As previewed earlier this year by CFPB Director Kathy Kraninger, as part of its effort to clarify the meaning of ...
CFPB’s Kraninger Signals Next Steps on Clarifying ‘Abusive’ Standard in UDAAP
The Consumer Financial Protection Bureau will take the next step in its effort to clarify the meaning of “abusive acts ...
Compliance in 2019: What to Expect and Where to Focus
From HMDA to CRA and from fair lending to anti-money laundering, 2019 promises to be a busy year in the ...
CFPB Updates Rulemaking Agenda for Fall 2018
The Consumer Financial Protection Bureau yesterday updated its rulemaking agenda for the remainder of 2018.
Mulvaney: CFPB to Provide Clarity on UDAAP Standard
The Consumer Financial Protection Bureau will likely issue a rule to define what kinds of practices it considers "abusive" under ...
Fed Launches Consumer Compliance Supervision Bulletin
The Federal Reserve has launched a new Consumer Compliance Supervision Bulletin that will share information about examiners’ observations and other ...
