CFPB Issues Report on Unlawful 'Junk Fees' Uncovered in Deposit Accounts, Multiple Loan Servicing Markets | Insights

On March 8, 2023, the Consumer Financial Protection Bureau (CFPB) released the Supervisory Highlights Junk Fees Special Edition (Report) detailing unlawful fees the agency found in deposit accounts and in multiple loan servicing markets during CFPB examinations completed between July 1, 2022, and Feb. 1, 2023.

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