News stories tagged CFPB

Biz loan data collection proposal outlined

(Oct. 8, 2021) A summary of a proposal by the CFPB to collect business loan data from lenders has been published and posted by NASCUS. Comments on the proposal are...

BRIEFLY: Chopra confirmed as CFPB director; Ito on diversity panel

(Oct. 1, 2021) Rohit Chopra is now the permanent director of the CFPB, with a five-year term, thanks to a 50-48 vote by the Senate on Thursday. He took a...

CUs on notice: start submitting card data to CFPB

(Oct. 1, 2021) Credit unions may begin submitting data on credit card agreements with their members, and applying data submission requirements, to the CFPB’s website for collecting credit card information,...

States, FCUs split membership in CUAC

(Sept. 24, 2021) Four representatives of state-chartered credit unions are joining four representatives of federal credit unions as members of the CFPB’s Credit Union Advisory Council (CUAC), according to an...

Bureau notes ‘regulatory flexibility’ in wake of disasters, emergencies

(Sept. 17, 2021) Existing laws and regulations provide credit unions, banks and other supervised entities regulatory flexibility to take certain actions that can benefit consumers in communities under stress from...

Proposal would collect biz loan data from lenders

(Sept. 10, 2021) Helping regulators and the public better understand the business lending market is the stated aim of a new rule unveiled Sept. 1 by CFPB, according to its...

Ruling sets payday loan rule compliance date

(Sept. 10, 2021) Payment provisions in a 2017 rule on payday loans were upheld by a federal court in Texas this week, essentially turning back a challenge to the four-year-old...

Summaries look at CFPB interpretive rules

(Aug. 27, 2021) Two new summaries of recent CFPB rules – on clarifying the impact of the Juneteenth holiday, and Military Lending Act (MLA)-related exams – have been developed and...

Bureau pushes all CARD Act submissions to website

(Aug. 27, 2021) Card issuers required to supply credit card agreement terms and other data to the CFPB must make all submissions via the agency’s Collect website (collect.consumerfinance.gov) beginning in...

3 key summaries take on latest NCUA issuances

(Aug. 20, 2021) Summaries of three recent issuances from NCUA – on capitalizing loans, the rollout of the new examination tool, and on mortgage servicing rules – were published by...

BRIEFLY: Reminder — KY examiner school next week; Report — Credit card limits plummeted during pandemic for higher-score borrowers

(Aug. 13, 2021) Just a reminder that state credit union examiners from around the country can participate in Monday’s (Aug. 16) Kentucky Examiner School, developed to help examiners build skill...