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The Consumer Financial Protection Bureau released a new Supervisory Highlights report on unfair, deceptive, and abusive acts or practices across various consumer financial products.
Details: The CFPB report targets:
Higher car prices leading to more delinquencies in auto lending.
Debt collection attempts, particularly related to medical debt.
Payday lender collection practices.
Previous News
ICBA’s support for the FDIC’s proposed special assessment exemption for community banks illustrates its unique mission, ICBA President and CEO Rebeca Romero Rainey wrote in a new blog post.
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Jul 26, 2023
With the House Financial Services Committee slated to take up an ICBA-advocated resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA called on the committee to pass the measure.
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Jul 26, 2023
The value of Same Day ACH payments grew 51.7% in the first half of 2023 from a year earlier, while payments volume rose 13.7%, Nacha reported.
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Jul 26, 2023
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