Statement of Director Kathleen L. Kraninger Before the Senate Committee on Banking, Housing, and Urban Affairs
Chairman Crapo, Ranking Member Brown, and distinguished Members of the Committee, thank you for the opportunity to present the Consumer Financial Protection Bureau’s most recent Semi-Annual Report to Congress.
Consumer Financial Protection Bureau Requests Information on Ways to Prevent Credit Discrimination and Build a More Inclusive Financial System
The Consumer Financial Protection Bureau issued a request for information to seek public input on how best to create a regulatory environment that expands access to credit and ensures that all consumers and communities are protected from discrimination in all aspects of a credit transaction.
CFPB Announces Plan to Issue ANPR on Consumer-Authorized Access to Financial Data
The Consumer Financial Protection Bureau announced that it plans to issue an advance notice of proposed rulemaking (ANPR) later this year on consumer-authorized access to financial records.
Consumer Financial Protection Bureau Settles with Mortgage Companies to Address Deceptive Loan Advertisements Sent to Servicemembers and Veterans
Today, the Consumer Financial Protection Bureau issued consent orders against Sovereign Lending Group, Inc. and Prime Choice Funding, Inc.
Consumer Financial Protection Bureau Announces Settlement with Foreclosure Relief Services Company and Its Owner
On July 20, 2020, the United States District Court for the Central District of California entered a stipulated final judgment resolving the Consumer Financial Protection Bureau’s allegations against Certified Forensic Loan Auditors, LLC (CFLA) and Andrew Lehman.
CFPB to Host Symposium July 29
The Consumer Financial Protection Bureau announced that it will hold a symposium on the use of cost-benefit analysis in consumer financial protection regulation on July 29, 2020, at 9:30 a.m.
CFPB Takes Action to Help Employers Develop Emergency Savings Programs to Boost Worker Financial Resilience
The Consumer Financial Protection Bureau announced that it issued a Compliance Assistance Statement of Terms Template (CAST Template) under its Compliance Assistance Sandbox (CAS) Policy to Build Commonwealth, Inc (Commonwealth).
CFPB Announces New Capability for the Consumer Complaint Database, Expands Ability to View Complaint Data Over Time
The Consumer Financial Protection Bureau announced the addition of a trends view to the Consumer Complaint Database.