Skip to content
Sign In
Create Account
Sign Out
My Account
Cart
Inside Mortgage Finance
MBS & ABS
The GSEs
The CFPB
Mortgage Trends
FHA/VA Lending
Nonconforming Markets
Data
Subscribe to Data
Home
» CFPB Warns Banks Against Reopening Closed Deposit Accounts
Looking to read the full article? Register for free access to IMFnews content today!
CFPB Warns Banks Against Reopening Closed Deposit Accounts
May 15, 2023
Sam Manas
Banks unilaterally reopening a consumer’s deposit account to process transactions could be in violation of the Consumer Financial Protection Act, the CFPB has warned.
News
Inside the CFPB
Regulation
Non-Mortgage Regulation
Other Non-Mortgage Regulation
Purchase this article for $55.00
Subscribe To The Newsletter
Latest Imf News
MBA Pulls Support for Housing Bill, Seeks Changes
Repurchase Activity Declines at Banks in Fourth Quarter
FICO 10T Data Sharing With GSEs Progressing
Income Up, Production Down in 4Q at Velocity
More Imf News
Featured Data
Agency Market Phones It In, Rate Refis Slow in February
Retail Channel Regains Some Share in 2025
Bank Servicing Declines in 4Q, MSR Fair Values Up
Mortgage-Banking Earnings at Banks Level Off in 4Q
More Featured Data
Featured Reports
IMF Mortgage Directory: Full interactive database
IMF HMDA Dashboard: 2024
Top Mortgage Players: 3Q25 (PDF)
Lender Profiles 3Q25: Top 25 (PDF subscription)
More Latest Reports
Featured Poll
As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?
No, it’s out of our wheelhouse.
We’re already in on the action!
Yes, it’s a great opportunity.
View Results