When consumer reporting companies and furnishers fail to
investigate disputed information, consumers are left
paying higher interest rates and face greater difficulty
finding housing, employment.
CFPB Director Chopra’s remarks at a meeting of the FDIC
Systemic Resolution Advisory Committee to discuss
resolution strategies for large and complex financial
institutions.
CFPB Director Chopra’s remarks at a meeting of the FDIC
Advisory Committee on Economic Inclusion to discuss the
2021 FDIC National Survey of Unbanked and Underbanked
Households.
The CFPB is suing ACTIVE Network, a payments platform used
by families across the country to sign up for community
activities, including camps and events sponsored by the
YMCA, Girl Scouts, and charity race organizers.
CFPB Director Rohit Chopra’s statement on a notice of
proposed rulemaking to reduce bailout risk among a group
of systemically important financial institutions and guard
against increasing concentration in banking.
The CFPB, the Federal Reserve Board, and the Office of the
Comptroller of the Currency announced the 2023 threshold
for exempting loans from special appraisal requirements
for higher-priced mortgage loans.
The Federal Reserve Board and the CFPB announced the
dollar thresholds used to determine whether certain
consumer credit and lease transactions in 2023 are exempt
from Regulation Z and Regulation M.