CFPB

6 questions on the CFPB plan to end Fannie and Freddie’s ‘patch’

07/28/19

The mortgage industry was caught off guard by regulators’ decision to cease special treatment for Fannie Mae and Freddie Mac in complying with underwriting rules. But how big of an impact will the new policy have?

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Truist clears hurdle, new Santander CEO, fintechs' retirement fix: Top stories of the week

07/26/19

House lawmakers go light on BB&T-SunTrust merger; Santander Bank names longtime MUFG Union executive its CEO; the fintechs trying to solve America's retirement problem; and more from this week's most-read stories.

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CFPB ending special treatment for Fannie, Freddie in mortgage rule

07/25/19

The agency’s director said it will let a temporary GSE exemption from the “qualified mortgage” regulation expire.

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CFPB, N.Y. settlement would ban Buffalo debt collectors from industry

07/25/19

State and federal authorities say the network of firms in upstate New York sought debts that consumers weren't obligated to pay and impersonated government officials, among other things.

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Equifax fine punches a hole in data security culture

07/22/19

The timing of the settlement serves as a warning to other companies of the risks they face in an increasingly data-focused economy.

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As mobile apps proliferate, data protection has to keep up

07/22/19

Banks and third parties must work together to safeguard data being shared when a customer uses mobile apps.

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Equifax nears $700 million settlement of probes into data breach

07/19/19

The agreement with authorities including the Federal Trade Commission and state attorneys general — and possibly the Consumer Financial Protection Bureau — may be announced as soon as Monday.

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Senior House Republican proposes credit reporting changes

07/19/19

A bill by Rep. Patrick McHenry, R-N.C., would give the CFPB authority to oversee cybersecurity efforts at the credit bureaus.

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Policymakers shouldn’t undermine existing overdraft regulations

07/18/19

The current overdraft rules could use some tweaks, but it should largely remain the same to protect consumers.

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CFPB urges financial institutions to report elder fraud cases

07/17/19

The consumer bureau said banks are "uniquely positioned" to know if an elderly customer is being targeted by fraudsters.

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