The Consumer Financial Protection Bureau Recent Updates
Notice of HMDA Email Service Discontinuation
Jan. 16, 2026 – Due to operational constraints, the Consumer Financial Protection Bureau will discontinue its use of the GovDelivery email service on Tuesday, January 20, 2026. After that date, subscribers to the HMDA mailing list will no longer receive email notifications.
We understand that staying informed of platform updates and announcements is important to you. Visit our website (https://ffiec.cfpb.gov/), as well as our HMDA Updates and Notes webpage (https://ffiec.cfpb.gov/updates-notes) to ensure you continue to have access to timely information. New updates will be tagged with an “Announcement” filter on the Updates and Notes webpage.
2024 Financial Literacy Annual Report
The 2024 Financial Literacy Annual Report describes the CFPB’s financial literacy activities and strategy to improve the financial literacy of consumers. This year’s report includes information about the need for youth financial education and how the CFPB supports those programs.
The Consumer Credit Card Market Report
This report represents the CFPB’s seventh biennial review of the consumer credit card market as directed by the Credit Card Accountability Responsibility and Disclosure Act of 2009. In this report, we analyze data from several sources to examine many aspects of the consumer credit card market as of the end of 2024. We revisit topics covered in earlier reports, such as deferred interest and innovations in the marketplace, while introducing new areas of focus this year. We analyze how cardholders spend by merchant category, review promotional interest rates, and take a deeper look into card transaction disputes. Consistent with the report’s mandate, we consider consumers with below-prime credit scores and cover topics related to the cost and availability of credit.
HMDA Filing Reminders and Tips
JAN 13, 2026 — The following are some reminders and tips for preparing and uploading your Home Mortgage Disclosure Act (HMDA) data submission.
- Reminder: The 2026 filing period has started. Submission of data collected in 2025 will be considered timely if received on or before Monday, March 2, 2026.
- Have a question? Please submit inquiries to HMDA Help ([email protected]) by Wednesday, February 25th for a timely response.
- Resubmitting Data: If you need to resubmit your file, login to the HMDA Platform and follow the same filing process you took with your original file. Only the last file will be counted as your final signed submission. Please ensure you keep a record of all submitted files. You can review the HMDA collection timelines here: HMDA Data Collection Timelines | HMDA Documentation (cfpb.gov)
- Late filers can still submit data. The HMDA Platform will remain open past March 2 for late submissions or resubmission. Filers can submit or resubmit their institution’s data for three years after filing opens. You can submit your file here: https://ffiec.cfpb.gov/filing.
- Have a name or email domain change? Reach out to [email protected] and they will assist you with an update.
- Need to update contact information post submission? After submission, if any of the respondent information in your Completed Filing Summary is incorrect, you will need to update the Transmittal Sheet row in your file and re-upload your file.
- Valid Values for Income and Property Value: “0” (Zero) is an accepted value for income. Additionally, decimal points are acceptable when reporting Property Value.
- Curious about how to use HMDA Data?: The Beginners’ Guide to Using HMDA Data covers the basics of what HMDA data are and how to access the data, as well as a step-by-step guide for using HMDA data. The guide will instruct the user on how to find and download HMDA data, how to select subsets and filters for the data, how to analyze the HMDA data using pivot tables, how to group data together, and how to match data across datasets.
- Find additional answers to your filing questions here: https://ffiec.cfpb.gov/documentation/category/frequently-asked-questions/.
JAN 12, 2026 — The Consumer Financial Protection Bureau and the Department of Justice (together, the “agencies”) announced today that they have withdrawn a joint statement regarding the implications of a creditor’s consideration of an individual’s immigration status under the Equal Credit Opportunity Act (ECOA).
Home Mortgage Disclosure (Regulation C) Adjustment to Asset-Size Exemption Threshold
JAN 8, 2026 — The Consumer Financial Protection Bureau (Bureau) is issuing a final rule amending the official commentary that interprets the requirements of the Bureau’s Regulation C (Home Mortgage Disclosure) to reflect the asset-size exemption threshold for banks, savings associations, and credit unions based on the annual percentage change in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Truth in Lending Act (Regulation Z) Adjustment to Asset-Size Exemption Threshold
JAN 8, 2026 — This rule amends Regulation Z (Truth in Lending) to implement certain amendments to the Truth in Lending Act made by the Dodd-Frank Act. This rule amends the official commentary that interprets the requirements of the Bureau’s Regulation Z (Truth in Lending) to reflect changes in the asset-size thresholds for certain creditors to qualify for an exemption to the requirement to establish an escrow account for a higher-priced mortgage loan. These changes reflect updates to, together with affiliates that regularly extended covered transactions secured by first liens, had total assets of less than $2 billion (adjusted annually for inflation) and the exemption the Bureau added, by implementing section 108 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA), for certain insured depository institutions and insured credit unions with assets of $10 billion or less (adjusted annually for inflation). These amendments are based on the annual percentage change in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Click here to read the full notification.
Published DEC 17, 2025
CFPB announces annual threshold adjustments for various provisions in Regulations M, V, and Z
The Consumer Financial Protection Bureau (CFPB) recently announced five final rules that adjust certain dollar thresholds used in Regulations M, V, and Z. These adjustments are effective January 1, 2026.
The first rule amends Regulation Z, which implements the Truth in Lending Act (TILA), to adjust threshold dollar amounts for certain provisions impacting HOEPA loans and qualified mortgages. You can read more about them here: https://www.consumerfinance.gov/rules-policy/final-rules/truth-lending-regulation-z-annual-threshold-adjustments-card-act-hoepa/
The second rule is a joint rulemaking between the CFPB, the Federal Reserve Board, and the Office of the Comptroller of the Currency to adjust the threshold for exempting loans from special appraisal requirements under the TILA Higher Priced Mortgage Loan Appraisal rule. You can read more about the adjustments here: https://www.consumerfinance.gov/rules-policy/final-rules/appraisals-higher-priced-mortgage-loans-exemption-threshold-adjustments/
The third and fourth rules are joint rulemakings between the CFPB and the Federal Reserve Board to adjust the thresholds in Regulation Z and Regulation M for determining the exempt consumer credit transactions under TILA and the exempt consumer lease transactions under the Consumer Leasing Act. You can read more about the Regulation Z threshold adjustment here: https://www.consumerfinance.gov/rules-policy/final-rules/consumer-leasing-regulation-m-adjustments/
You can read more about the Regulation M threshold adjustment here: https://www.consumerfinance.gov/rules-policy/final-rules/consumer-leasing-regulation-m-adjustments/
The fifth rule amends an appendix for Regulation V, which implements the Fair Credit Reporting Act, adjusting the maximum allowable charge for disclosures by a consumer reporting agency to a consumer for 2026. You can read more about the Regulation V threshold adjustment here: https://www.consumerfinance.gov/rules-policy/final-rules/fair-credit-reporting-act-disclosures/
Published DEC 15, 2025
CFPB Issues Final Rule on Fair Credit Reporting Act Disclosures (Regulation V Adjustments)
Section 612(f)(1)(A) of the Fair Credit Reporting Act (FCRA) provides that a consumer reporting agency may charge a consumer a reasonable amount for making a disclosure to the consumer pursuant to section 609 of the FCRA.
The Bureau of Consumer Financial Protection (Bureau) announces that the ceiling on allowable charges under section 612(f) of the Fair Credit Reporting Act (FCRA) will increase to $16.00, effective for 2026.
Published DEC 15, 2025
Agencies Announce Dollar Thresholds for Applicability of Truth in Lending and Consumer Leasing Rules for Consumer Credit and Lease Transactions
The CFPB and the FRB are announcing the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2026 are subject to certain protections under Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing).
Published DEC 15, 2025
Agencies Announce Dollar Thresholds for Smaller Loan Exemption from Appraisal Requirements for Higher-priced Mortgage Loans
The CFPB, FRB, and OCC are announcing that the 2026 threshold for higher-priced mortgage loans that are subject to special appraisal requirements will increase from $33,500 to $34,200.
Published DEC 10, 2025
Data Spotlight on the Buy Now, Pay Later Market
The market for buy now, pay later (BNPL) credit, typically a four-payment loan with no interest used by consumers to make retail purchases, continued to expand between 2019 and 2023. Using data provided by six large BNPL companies, the CFPB examined trends in the BNPL market for calendar years 2019 to 2023. The report includes key market metrics including BNPL loan volume, number of users, frequency of use, average loan size, late fees, and charge-off rates.
Published DEC 10, 2025
Extension of Q3 On Time Filing
On December 1, the last day of on-time filing for the 3rd quarter of 2025, the HMDA Filing Platform was taken down for maintenance. This event caused a disruption of access for covered quarterly filers. Due to this interruption and to prevent compliance complications, the on-time filing window will be extended to December 12. Please reach out to HMDA Help if you were impacted by the service outage.
Published NOV 21, 2025
CFPB’s Supervision Division Releases New ‘Humility Pledge’
On November 21, the Consumer Financial Protection Bureau (CFPB or Bureau) notified staff that it will restart supervision and require examiners, beginning with the 2026 examination cycle, to open each review by reading to the supervised entity a Humility in Supervisions Pledge.
Published NOV 11, 2025
CFPB Notifies Court it Cannot Lawfully Draw Funds from the Federal Reserve
Washington, D.C.—Today, the Consumer Financial Protection Bureau (CFPB) filed a notice informing the court in NTEU v. Vought that the Department of Justice’s Office of Legal Counsel (OLC) has determined that the Bureau may not legally request funds at this time from the Federal Reserve under Dodd-Frank.
Published
Today, in the Consumer Financial Protection Bureau’s (CFPB) November 12, 2021 lawsuit against FirstCash, Inc., and nineteen subsidiaries alleging violations of the Military Lending Act (MLA), the parties reached a settlement and jointly filed a stipulated final judgment and proposed order, which if entered by the court, would resolve the lawsuit.
Published
CFPB Announcement Regarding Enforcement Actions Related to Buy Now, Pay Later Loans
The CFPB is announcing that it will not prioritize enforcement actions taken on the basis of the Truth in Lending (Regulation Z); Use of Digital User Accounts to Access Buy Now, Pay Later Loans, 89 Fed. Reg. 47,068 (May 31, 2024) (“Buy Now, Pay Later”).
Published
CFPB Keeps Its Enforcement and Supervision Resources Focused on Pressing Threats to Consumers
The CFPB is announcing that it will not prioritize enforcement or supervision actions with regard to entities that are currently outside the stay imposed under Texas Bankers Association v. CFPB, No. 24-40705 (CA5).
Published
CFPB Offers Regulatory Relief From Registration Requirements for Small Loan Providers
The Consumer Financial Protection Bureau will not prioritize enforcement or supervision actions for entities that do not satisfy future deadlines to submit registration information under the regulation titled “Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders”.
Published
2024 HMDA Data on Mortgage Lending Now Available
The published data contain loan-level information filed by financial institutions and modified to protect consumer privacy.
Published
CFPB Offers Regulatory Relief for Small Loan Providers
The Bureau will keep its enforcement and supervision resources focused on pressing threats to consumers, particularly servicemen and veterans.
Published
On January 31, 2025, President Trump designated Secretary of the Treasury Scott Bessent as Acting Director of the Consumer Financial Protection Bureau (CFPB).
Published
CFPB Orders Wise to Pay $2.5 Million for Illegal Remittance Practices
The CFPB ordered the international remittance company Wise to pay nearly $2.5 million for a series of illegal actions.
Published
CFPB Updates List of Consumer Reporting Companies
Today, the Consumer Financial Protection Bureau (CFPB) released its annual list of consumer reporting companies.
Published
CFPB Finds Servicemembers Pay More in Auto Lending Market
The CFPB published a report showing that U.S. servicemembers pay higher costs and face greater financial risks when taking out credit to buy a car.
Published
CFPB Report Finds Continued Challenges for Households that Rent
Today, the Consumer Financial Protection Bureau (CFPB) released two reports looking at national rental payment data from September 2021 to November 2024.
Published
CFPB Report Finds Cash-Out Mortgage Refinance Borrowers Improve Credit Scores
Today, the Consumer Financial Protection Bureau (CFPB) published a report about financial outcomes for cash-out refinance mortgage borrowers.
Published
CFPB Finds More Vehicles Eligible for Repossession Than Pre-Pandemic
The CFPB published a report showing that the rate of auto repossessions at the end of 2022 surpassed pre-pandemic levels.
Published
CFPB Takes Action Against Draper & Kramer Mortgage for Discriminatory Mortgage Lending Practices
The CFPB took action against Draper & Kramer Mortgage Corporation for discriminatory mortgage lending activities that discouraged homebuyers from applying to Draper for homes in majority-Black and Hispanic neighborhoods in the greater Chicago and Boston areas.
Published
CFPB Orders Equifax to Pay $15 Million for Improper Investigations of Credit Reporting Errors
The CFPB took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct proper investigations of consumer disputes.
Published
The CFPB ordered the American Honda Finance Corporation to pay $12.8 million for reporting inaccurate information that affected the credit reports of 300,000 people.
Published
The CFPB took action to resolve its case against the National Collegiate Student Loan Trusts for unlawfully filing defective debt collection lawsuits to collect on private student loan debt.
Published
CFPB Orders Operator of Cash App to Pay $175 Million and Fix Its Failures on Fraud
The CFPB ordered Block, the operator of the peer-to-peer payments app Cash App, to refund consumers $175 million and pay a penalty of $175 million.
Published
CFPB Issues New Electronic Fund Transfers Frequently Asked Question
the CFPB issued a new Electronic Fund Transfers Frequently Asked Question (FAQ) about the compulsory use prohibition. The new FAQ is Coverage: Transactions Question 6.
You can access the new FAQ here: https://www.consumerfinance.gov/compliance/compliance-resources/deposit-accounts-resources/electronic-fund-transfers/electronic-fund-transfers-faqs/.
Published
Strengthening State-Level Consumer Protections
Today, the CFPB is releasing new recommendations to states on how they can update their laws and regulations to meet new risks and challenges.
Published
The CFPB sued Capital One for cheating millions of consumers out of more than $2 billion in interest.
Published
CFPB Issues Proposed Rule to Prohibit Certain Terms and Conditions in Agreements for Consumer Financial Products or Services
The CFPB issued a proposed rule related to prohibited terms and conditions in agreements for consumer financial products or services.
The rule would prohibit certain contractual provisions in agreements for consumer financial products or services. The proposal would prohibit covered persons from including in their contracts provisions purporting to waive substantive consumer legal rights and protections (or their remedies) granted by State or Federal law. The proposal would also prohibit contract terms that limit free expression, including with threats of account closure, fines, or breach of contract claims, as well as other contract terms. The proposal would also codify for covered persons under the Dodd-Frank Act certain longstanding prohibitions under the Federal Trade Commission’s (FTC) Credit Practices Rule.
Comments on the proposal are due: April 1, 2025.
You can access the proposed rule here: www.consumerfinance.gov/rules-policy/notice-opportunities-comment/open-notices/prohibited-terms-and-conditions-in-agreements-for-consumer-financial-products-or-services-regulation-aa/.
Published
The CFPB found significant differences in the likelihood that homeowners with a mortgage are adequately insured against flooding based on location and income and assets.
Published
CFPB Proposes Rule to Ban Contract Clauses that Strip Away Fundamental Freedoms
Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule that would stop financial companies from forcing Americans to choose between participating in the financial system or giving up their rights, including those guaranteed by the Constitution.
Published
The CFPB released a study finding one fifth of consumers used Buy Now, Pay Later (BNPL) loans in 2022, and many held simultaneous loans from multiple lenders.
Published JAN 13, 2025
CFPB Issues HMDA and TILA Asset-Size Threshold Adjustments and issues Civil Penalty Inflation Adjustments
The CFPB has issued several annual inflation adjustment final rules.
First, the CFPB has announced the asset-size exemption thresholds for depository institutions under Regulation C. Second, the CFPB has announced the asset-size exemption thresholds for certain creditors under the escrow requirements and small creditor portfolio and balloon-payment qualified mortgage requirements, and the small creditor exemption from the prohibition against balloon-payment high-cost mortgages under Regulation Z. These adjustments are effective on January 1, 2025, consistent with relevant statutory or regulatory provisions.
Third, the CFPB announced the annual adjustments for inflation to the CFPB’s civil penalty amounts, as required by the Federal Civil Penalties Inflation Adjustment Act, as amended. This final rule is effective on January 15, 2025.
You can access the Regulation C notice at: http://www.consumerfinance.gov/policy-compliance/rulemaking/final-rules/home-mortgage-disclosure-regulation-c-adjustment-asset-size-exemption-threshold/.
You can access the Regulation Z notice at: http://www.consumerfinance.gov/policy-compliance/rulemaking/final-rules/truth-lending-act-regulation-z-adjustment-asset-size-exemption-threshold/.
You can access the CFPB’s civil penalty amounts notice at: https://www.consumerfinance.gov/rules-policy/final-rules/civil-penalty-inflation-annual-adjustments/.
Published
CFPB Issues Proposed Interpretive Rule on Emerging Payment Mechanisms
The CFPB issued a Proposed Interpretive Rule related to requirements that apply to emerging payment mechanisms, such as stablecoins and other digital assets that operate as a medium of exchange or as a means of paying for goods and services, under Regulation E and the Electronic Fund Transfer Act (EFTA).
Comments on the proposed interpretive rule are due by: March 31, 2025.
You can access the proposed interpretive rule here: www.consumerfinance.gov/rules-policy/notice-opportunities-comment/open-notices/electronic-fund-transfers-through-accounts-established-primarily-for-personal-family-or-household-purposes-using-emerging-payment-mechanisms-electronic-fund-transfer-act-regulation-e/.
Published
CFPB Seeks Input on Digital Payment Privacy and Consumer Protections
Today, the CFPB announced that it is seeking public input on strengthening privacy protections and preventing harmful surveillance in digital payments, particularly those offered through large technology platforms.
Published
CFPB Approves Application from Financial Data Exchange to Issue Standards for Open Banking
The CFPB issued an order recognizing Financial Data Exchange, Inc. (FDX) as a standard setting body under the CFPB’s Personal Financial Data Rights rule.
Published
CFPB Sues Experian for Conducting Sham Investigations of Consumer Report Errors
The CFPB sued Experian, the nationwide consumer reporting agency, for unlawfully failing to properly investigate consumer disputes.
Published
CFPB Finalizes Rule to Remove Medical Bills from Credit Reports
Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule to ban the inclusion of medical bills on credit reports used by lenders and prohibit lenders from using medical information in their lending decisions.
The final rule removes a regulatory exception in Regulation V that previously permitted a creditor to obtain or use medical information, including medical debt information, and amends existing exceptions for using medical information related to credit eligibility determinations. The final rule generally prohibits consumer reporting agencies from including medical debt information in consumer reports to creditors making credit determinations.
The CFPB also issued an unofficial redline and executive summary of the final rule.
- You can access the final rule, the unofficial redline, and the executive summary here: www.consumerfinance.gov/compliance/compliance-resources/other-applicable-requirements/fair-credit-reporting-act/.
Published
CFPB Sues Vanderbilt for Setting Borrowers Up to Fail in Manufactured Home Loans
The CFPB sued Vanderbilt Mortgage & Finance for setting families up to fail when they borrowed money to buy a manufactured home.