Please enjoy this free trial of our subscription content service, for a limited time only.
This regulation is intended to promote an informed use of credit by consumers.
It also seeks to ensure that consumers are provided with more extenstive and timely information on the nature and costs of the residential real estate settlement process including more effective advance disclosure to home buyers and sellers of the settlement costs invovled.
It applies to each individual or business that offers or extends credit to consumers, with its credit offerings being a regular activity.
This roundup also includes efforts to tackle customer service doom loops and news of a move to boost supply chain security.
Julie DiMauro2 min read
The CFPB wants to know whether banks are doing enough to verify the identity of deposit-account customers.
Julie DiMauro3 min read
FDIC officials might review "passivity agreements" with large asset managers, to ensure they are not taking an active role in bank management.
Julie DiMauro2 min read
CFPB charged bank over range of illegal activities centering on motor vehicle loans.
Alexander Barzacanos2 min read
The justices rejected an argument that imperiled the CFPB, with a decision that protects people from unlawful financial services practices.
Julie DiMauro2 min read
A growing recognition that these programs work when whistleblowers are paid is helping to fuel the spread.
Julie DiMauro4 min read
Re-proposed rule wants to make such payments more sensitive to risk.
Julie DiMauro2 min read
Twenty-four agencies from around the world signed a statement on boosting enforcement through increased technical capacity and expertise.
Julie DiMauro2 min read