Additionally, although the outcome and timing of the CFPB late fee rule remain uncertain ... While in 2024, we had lower finance charges and late fees, resulting from a gradual shift in risk ...
The CFPB also addressed in guidance and reports ... Report on Microsoft Online Exchange Incident from Summer 2023 (Apr. 2, 2024)). CISA also offered guidance and resources on cloud security ...
lower-yielding investment portfolio due to lower benchmark rates and finance charge and late fee reversals associated with the seasonality of our credit performance. Lower average benchmark rates ...
The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer finance industry, is the ...
The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...
REPORT Good afternoon! I’m Emily Martin, filling in for Cate on this chilly Tuesday. Inside today’s edition:Trump, Musk go ...
Schoar was a CFPB's inaugural advisory board member, lending her expertise in consumer finance to help develop some of the bureau's policies. Musk vaguely acknowledged the CFPB's contributions on ...
On February 11, it was reported that, despite the temporary halt in the CFPB’s operations, the Bureau’s tables for the Average Prime Offer Rate ...
Russell Vought, the acting head of the Consumer Financial Protection Bureau, is halting the flow of new funding to the agency and shutting down its headquarters, the latest threat to the CFPB’s ...
The halt of the Consumer Financial Protection Bureau's activities leaves CFPB rules targeting junk fees in a state of uncertainty.
The CFPB protects consumers by analyzing the practices of large financial institutions like banks, lenders, credit unions, and debt collectors to ensure they are not improperly targeting consumers.