For Other CFPB-Supervised Covered Nonbanks, the first written statement submission is required on March 31, 2026, and will cover registered covered orders with an effective date on or after the ...

On October 29, 2021 — just 32 days prior to the November 30, 2021 effective date — the Consumer Financial Protection Bureau (CFPB) released new ...

The mission of the bureau's Office of Fair Lending and Equal Opportunity includes oversight and enforcement of laws, "ensuring fair, equitable, and nondiscriminatory access to credit for both ...

Mortgage originators and lenders have complained about several aspects of the rule since it became effective. One of their concerns has to do with so-called "black holes" — when deadlines for revising ...

Inaugural CFPB Director Richard Cordray noted in 2017 that small business lending requirements should mirror those of the mortgage industry, which initially drew a mixed response from the impacted ...

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued a policy statement that explains the legal prohibition on abusive conduct in consumer financial markets and ...

Russell Vought, CFPB's new acting head, issues directives to halt portions of bureau activity The Senate confirmed Vought as director of the Office of Management and Budget on Thursday.

Other Issues. Beyond the failures in fraud investigations, the CFPB found that Cash App users often struggled to reach customer support. Although a phone number was provided in official materials ...

Commentary CFPB Issues New Guidance Regarding Inaccurate Background Check Reports and Credit File Sharing Practices Seeking to put an end to, as Consumer Financial Protection Bureau (CFPB ...

To implement open banking in the U.S., consumers' data rights need to be protected. In 2010, Congress passed a personal financial data rights law, but the CFPB hasn't yet implemented a rule for ...

The CFPB did not respond to a request for comment on the lawsuit. ‘It’s damn popular’ Warren noted that Republicans have control of the White House and a majority in both chambers of Congress.