Chopra foreshadows expanding oversight over digital payments
The CFPB director spoke at a digital payments event and provided steps that would increase oversight to help protect consumers.
The CFPB director spoke at a digital payments event and provided steps that would increase oversight to help protect consumers.
Covered providers offering commercial loans must continue to disclose the total cost of financing expressed as an annualized rate indefinitely.
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Learn more about this topic and others in the NMLS Resource Center.
Learn more about this topic and others in the NMLS Resource Center.
Learn more about this topic and others in the NMLS Resource Center.
According to the consent order, the settlement resolved allegations of repeated violations of AML/BSA requirements and New York law.
The proposed amendments require debt collectors to inform consumers about language access services and come in response to the CFPB’s 2020 updates to the FDCPA, among other things.
The CFPB’s General Counsel and senior advisor to Director Chopra delivered remarks at the New Jersey Citizen Action Education Fund’s Financial Justice Summit.
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The data point report analyzes residential mortgage lending activity and trends and reflects the fifth year of data that incorporates amendments to HMDA made by Dodd-Frank.
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The letter to federal agencies notes that patients may not be in a position to make complex financial decisions and offers California’s protections against medical payment products as a model framework.
CFPB Director Rohit Chopra discussed regulatory failures exemplified by mortgage entities’ risky practices and emphasized post-crisis reforms, including the creation of the Consumer Financial Protection Bureau.
The Sept. 28 webinar is hosted by the California Mortgage Bankers Association’s Mortgage Quality and Compliance Committee.
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Please join us on Tuesday, Oct. 3 for a casual roundtable where we will share some renewal updates for your financial services licenses.
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Learn more about this topic and others in the NMLS Resource Center.
Learn more about this topic and others in the NMLS Resource Center.