CFPB Announces Examinations of In-House College Lending

CFPB logo

 

The bureau is updating its supervisory exam procedures for private education loans. 01/24/2022 2:30 P.M. 2 minute read The Consumer Financial Protection Bureau will begin examining the operations of post-secondary schools, such as for-profit colleges, that extend private loans directly to students, according to a Jan. 20 news release. The bureau’s exam procedures will include […]

Read More…

Tips for Tuning Up Your Compliance Management System Next on the ACA Huddle

 

This week’s speakers, Leslie Bender and John Bedard, will cover regulators’ focus on industry enforcement efforts and compliance best practices. Editor’s note: This article is available for members only. 01/24/2022 11:30 A.M. 1 minute read Regulators are revving up industry-wide enforcement efforts and the Consumer Financial Protection Bureau and Federal Trade Commission have been rolling […]

Read More…

CFPB Issues Compliance Bulletin on Medical Debt, Civil Penalty Changes on Federal Register

CFPB logo

 

The bureau’s updates formalize its latest compliance bulletin on medical debt and annual civil penalty inflation adjustments. Editor’s Note: This article is available for members only. 01/20/2022 3:45 P.M. 2 minute read The Consumer Financial Protection Bureau’s compliance bulletin and policy guidance on medical debt, including reminders for debt collectors and credit bureaus on the requirements […]

Read More…

ACA Huddle: Regulatory Update from Washington, D.C.

ACA Huddle

 

As we kick of 2022, two focus areas for the financial services industry are data privacy and credit reporting. Learn more about activity in these areas during the Jan. 19 ACA Huddle. Editor’s note: This article is available for members only. 01/18/2022 11:00 A.M. 1 minute read The Consumer Financial Protection Bureau and Federal Trade […]

Read More…

CFPB Settles Lawsuit on Financial Consumer Law Taskforce

CFPB logo

 

The taskforce, created by the bureau in 2019, had allegedly violated the law that seeks to ensure transparency by federal agency advisory committees. 01/17/2022 12:30 P.M. 2 minute read The Consumer Financial Protection Bureau’s Taskforce on Consumer Financial Law, created to examine the existing legal and regulatory environment facing consumers and financial services providers, is […]

Read More…

ACA International Responds to CFPB Policy Guidance on Medical Debt Collection and Credit Reporting

ACA International logo

 

01/13/2022 5:00 P.M. For Immediate Release Contact: Anne Rosso May Communications Director ACA International [email protected] Washington, D.C. – January 13, 2022  – The Consumer Financial Protection Bureau has released a medical debt compliance bulletin and policy guidance for debt collectors and credit bureaus on the requirements of the No Surprises Act, which includes consumer protections […]

Read More…