What are current CFPB Regulatory Initiatives?
Examiners keep saying to assist our customers. We recognize the immediate need and want to help. It’s obvious we can help, and the rules are relaxed now, so what can’t we do?
What do the proposed CFPB rules on debt collection say?
The CFPB recently released new guidance on reporting natural disasters and loans in forbearance. Where can we find this information?
How has CFPB Director Kathy Kraninger attempted to improve and strengthen consumer financial laws and regulations?
Is the CFPB expected to take any UDAAP actions this year?
What actions has Congress recently taken that impact the CFPB?
Where can I find all provisions required by the Fair Credit Reporting Act?
We were cited in our last exam for not having a permissible purpose to pull a credit report; however, I can’t find information in the regulation regarding permissible purpose. Where can I find this information?
I am a new lender and have never pulled a credit report that included a fraud alert. Are there certain steps I must take before I can move forward with the loan?