The Consumer Financial Protection Bureau released its Supervisory Highlights report for the first half of 2021, which spotlights legal violations identified during exams of financial institutions with more than $10 billion in assets.
Details: The CFPB’s latest report says:
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Mortgage servicers charged improper fees to borrowers enrolled in CARES Act forbearance.
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Mortgage lenders engaged in fair lending violations related to pricing exceptions.
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Payday lenders improperly debited consumer bank accounts.
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Remittance providers failed to properly investigate error notices.
