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The CFPB has announced that recent supervisory actions have resulted in $14 million in relief to more than 104,000 harmed consumers from January through June 2017. Findings in the Bureau's Summer 2017 Supervisory Highlights report include that some banks misled consumers about checking account fees or overdraft coverage, and some credit card companies deceived consumers about pay-by-phone fees. The report also found some auto lenders had wrongly repossessed consumers’ vehicles, and some debt collectors improperly communicated with consumers about debts. CFPB’s examiners also found some companies did not follow the Know Before You Owe mortgage rules and some servicers failed to follow steps required by the Bureau’s mortgage servicing rule to work with borrowers trying to avoid foreclosure.

The Federal Reserve Board has announced the execution of a Written Agreement with the Wisconsin Department of Financial Institutions and Markesan State Bank, Markesan, Wisconsin.

The Federal Reserve Board has released the July 2017 G.19 Consumer Credit report, which indicates that, in July, consumer credit increased at a seasonally adjusted annual rate of 6 percent. Revolving credit increased at an annual rate of 3-1/4 percent, while nonrevolving credit increased at an annual rate of 7 percent.

The OCC has Issued Bulletins 2017-35 and 2017-36 to announce the revision of the "Flood Disaster Protection Act" and "Foreword" booklets of the Comptroller's Handbook.

In observance of the 27th anniversary of the Americans with Disabilities Act, the CFPB has announced a new financial empowerment tool for people with disabilities. A companion guide contains information and tips based on insights from people with disabilities and organizations that serve the disability community.

The NCUA has released Second Quarter 2017 credit union system performance data.

The FDIC has issued FIL-40-2017 to announce the FFIEC's launch of a new Industry Outreach website for financial institutions, trade associations, third-party providers, and consultants. The website also provides access to upcoming FFIEC-sponsored webinars and includes an archive of past webinars.

FDIC FIL-41-2017, OCC Bulletin 2017-34, and Federal Reserve SR Letter 17-8, all issued Wednesday, announced that the federal financial institution regulatory agencies have issued Frequently Asked Questions on the New Accounting Standard on Financial Instruments – Credit Losses to assist institutions and examiners.

In two final rules published in today's Federal Register, the Federal Emergency Management Agency has listed communities scheduled for suspension from the National Flood Insurance Program for noncompliance with the floodplain management requirements of the program.

• 82 FR 42240—communities in Carroll County, IA, effective 9/15/2017
• 82 FR 42241—communities in Volusia County, FL; Hawaii County, HI; Henderson County, KY; Kittson County, MN; Chester County, PA; and Jackson County, WI, effective 9/29/2017

The CFPB announced Wednesday that it had taken action against an online lead aggregator for steering consumers toward lenders who offered illegal or unlicensed loans that were void in the consumer’s state. The CFPB's press release said Zero Parallel, LLC sold consumers’ payday and installment loan applications to lenders it knew were likely to make void loans that the lenders had no legal right to collect. The CFPB also submitted a proposed order in a separate case that would resolve a pending lawsuit against Zero Parallel’s owner, Davit Gasparyan, for engaging in similarly illegal conduct at his prior company, T3Leads. The CFPB ordered Zero Parallel to end its illegal conduct and pay a $100,000 penalty. The proposed order against Gasparyan, said the CFPB, would prohibit him from engaging in the same abusive practice and require him to pay a $250,000 penalty.

• Consent order against Zaro Parallel, LLC<.li>
• Proposed order with respect to Gasparyan
• Previous complaint against Gasparyan