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Recently, CFPB Director Rohit Chopra spoke at a joint meeting of the CFPB’s Community Bank Advisory Council and Credit Union Advisory Council in which he expressed concerns that core...
On April 15, the CFPB and FTC announced the release of a joint annual report to Congress administering the Fair Debt Collection Practices Act (FDCPA). The annual report highlights both...
Consumer Financial Protection Bureau CFPB Director Rohit Chopra protested outsized power of small bank and credit union core service providers at Community Bank Advisory Council and Credit Union Advisory Council joint meeting.
CFPB and Federal Trade Commission announced the release of a joint annual report FDCPA. Annual report highlights both agencies’ efforts to protect and provide debt collection relief to consumers, particularly in light of the COVID-19 pandemic and resulting economic hardship.
On April 12, the CFPB filed a complaint against a credit reporting agency (CRA), two of its subsidiaries, and a former senior executive for violating a 2017 consent order issued to the...