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CFPB - Banking Exchange
The ABA and ICBA have praised Congress’ decision to nullify the rule
The CFPB has levied the fine for failing to collect information on some mortgage applications
The program allows CFPB to authorize parameters for in-market testing of alternatives to required disclosures
The regulations would ensure nonbank financial companies adhere to the same rules as large banks and credit unions
The ABA has warned of concerns over implementation costs
The rule requires banks to collect and report data on credit applicants
The ABA and Bank Policy Institute also claim that Section 1071 data rules could negatively impact community-based lending
The CFPB should wait until the Supreme Court rules on its funding, say industry bodies
CFPB and OCC step in after investigation finds “double-dipping” and unauthorized accounts practices
The Consumer Financial Protection Bureau (CFPB) issued a special edition of its Supervisory Highlights that focuses on violations of law
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