Archive of closed notices

The CFPB proposes a narrowly tailored amendment to Regulation E to ensure that consumers sending a remittance transfer have information about the types of inquiries that may be most efficient to direct to the CFPB and the State agency that licenses or charters their remittance transfer provider.

Small business lending rule extension of compliance dates

The CFPB proposes to prohibit covered financial institutions from charging nonsufficient funds (NSF) fees on payment transactions that are instantaneously declined because such fees would constitute an abusive practice.

The CFPB proposes to amend Regulations E and Z to update regulatory exceptions for overdraft credit provided by very large financial institutions.

CFPB proposal to supervise large providers of consumer payment applications.

CFPB Issues Required Rulemaking on Personal Financial Data Rights (CFPA section 1033)

The Consumer Financial Protection Bureau (CFPB) is seeking comments from the public related to medical payment products. The submissions in response to this request for information will serve to assist the CFPB and policymakers in understanding the current state of business practices in exercising enforcement, supervision, regulatory, and other authorities.

The Bureau proposes to address how the Truth in Lending Act applies to Property Assessed Clean Energy (PACE) financing transactions to account for the unique nature of PACE.

The CFPB has issued a policy statement that explains the legal prohibition on abusive conduct in banking and nonbanking consumer financial markets.

The Consumer Financial Protection Bureau (CFPB) is seeking comments from the public related to data brokers.

The Consumer Financial Protection Bureau is seeking comment on the economic impact of Regulation Z’s Mortgage Loan Originator Rules on small entities.

The Bureau revises its Privacy Act System of Records Notice (SORN) “CFPB.004—Enforcement Database”.

The Bureau proposes to amend Regulation Z to better ensure that the late fees charged on credit card accounts are “reasonable and proportional.” to the late payment.

The Credit CARD Act requires the Bureau to conduct a review of the consumer credit card market, within the limits of its existing resources available for reporting purposes. In connection with conducting that review, and in accordance with the act, the Bureau is soliciting information from the public about a number of aspects of the consumer credit card market.

The Bureau is proposing to establish a public registry for nonbanks subject to the Bureau’s supervisory authority that use covered terms or conditions, as described in the proposed rule, in a new part 1092 in title 12 of the Code of Federal Regulations.

The Bureau is proposing to establish a public registry for certain nonbank covered persons that are subject to certain agency and court orders.

This notice responds to a request that the CFPB make a preemption determination regarding certain provisions in a commercial financing law in New York State. The notice states the CFPB’s intent to make a determination, its preliminary conclusion that TILA does not preempt the New York law, and the possibility of issuing a determination on commercial financing laws in three other states. The notice solicits public comment.

On October 21, 2021, the Consumer Financial Protection Bureau (Bureau or CFPB) ordered six large technology companies operating payments systems in the United States to provide information about certain of their business practices.

The Consumer Financial Protection Bureau (CFPB) is seeking comment from the public about (1) ways to facilitate mortgage refinances for consumers who would benefit from refinancing, especially consumers with smaller loan balances; and (2) ways to reduce risks for consumers who experience disruptions in their financial situation that could interfere with their ability to remain current on their mortgage payments.

The CFPB is seeking information on credit card late fees and late payments, and card issuers’ revenue and expenses.

The Consumer Financial Protection Bureau (Bureau or CFPB) is seeking comments from the public related to relationship banking and how consumers can assert the right to obtain timely responses to requests for information about their accounts from banks and credit unions with more than $10 billion in assets, as well as from their affiliates.

The CFPB is seeking input from the public on debt obligations incurred by consumers in the context of an employment or independent contractor arrangement.

The Bureau seeks comment on proposed amendments to Regulation V, which would establish a method for a victim of trafficking to submit documentation identifying any adverse item of information about the consumer that resulted from certain types of human trafficking and prohibit the consumer reporting agencies from furnishing a consumer report containing the adverse item(s) of information.

The Consumer Financial Protection Bureau (Bureau or CFPB) is seeking comments from the public related to fees that are not subject to competitive processes that ensure fair pricing.

The Consumer Financial Protection Bureau (Bureau or CFPB) is seeking comments from the public related to fees that are not subject to competitive processes that ensure fair pricing. The submissions to this request for information will serve to assist the CFPB and policymakers in exercising its enforcement, supervision, regulatory, and other authorities to create fairer, more transparent, and competitive consumer financial markets.