Industry trade groups believe the request for information is unwarranted as fees on consumer financial products and services are already backed by adequate disclosure requirements.

The charges against MoneyGram, a remittance provider, include failure to deliver funds promptly to recipients abroad.

The denial rate on applications for refinances increased in 2021, while the purchase-mortgage denial rate declined. For both categories, inadequate debt-to-income ratios were the main reason for denials. (Includes two data charts.)

The bank had refused to approve a couple’s mortgage application until the wife returned from maternity leave, HUD said in its complaint.

The bureau said the credit reporting agency used digital tricks to manipulate people to sign up for fee-based subscriptions.

The bureau received just five comment letters on its proposed alterations to in-house adjudication procedures.

The CFPB names banks reporting the most overdraft fee and non-sufficient fund revenue in 2021; the bureau is examining transcript withholding as a debt collection practice; complaints relating to medical bills.

A controversial bill that would have included an explicit consideration of race and ethnicity in performance evaluations has been dramatically altered. Trade associations representing lenders are taking the credit.

The CFPB plans to launch dedicated units within its supervision and enforcement division to enhance detection of repeat offenders and to better hold them accountable.

The argument comes in an amicus brief submitted by the bureau in a class-action lawsuit against Wells Fargo for its mortgage servicing practices.