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Home » Topics » Inside the CFPB » Supervision & Examination

Supervision & Examination
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Employer-Driven Debt RFI Prompts Diverse Responses

October 24, 2022
Sam Manas
The request for information drew responses from a handful of labor unions and employer trade groups from a variety of industries.
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Other News in Brief

October 24, 2022
Sam Manas
CSBS names new policy and supervision chief; CFPB studies student banking; bureau sues remittances firm; DOJ settles discrimination claims with bank; Regulation F MVNs are optional; bureau states clearly false data don’t belong on credit reports.
Read More

U.S. Chamber Sues CFPB for Treating Discrimination as UDAAP

October 10, 2022
Sam Manas
The lawsuit claims the CFPB overstepped its authority when revising its supervisory exam manual to consider discrimination an unfair, deceptive or abusive act or practice.
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CFPB Fair Lending Chief Discusses Newer Priorities

October 10, 2022
Sam Manas
The bureau is focusing its efforts on tackling digital redlining, reining in repeat offenders and identifying emerging risks, according to the bureau’s fair lending director.
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CFPB Details Faults in Practices of Student Loan Servicers

October 10, 2022
Sam Manas
The bureau’s special supervisory highlights report cites instances of university-owned lenders withholding academic transcripts to coerce borrowers into making payments.
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Rulemaking Petitions on Personal Loans, Medical Debt Reporting

October 10, 2022
Sam Manas
The Center for Responsible Lending and Consumer Bankers Association have jointly requested rulemaking on personal lending, while the National Consumer Law Center wants rulemaking to prohibit the listing of medical debt on credit reports.
Read More

Bureau to Regulate Buy Now, Pay Later Industry

September 26, 2022
Sam Manas
CFPB Director Rohit Chopra has directed bureau staff to look into possible rules for buy now, pay later products in five areas.
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CFPB Asks Court to Force Fintech Block to Hand Over Documents

September 12, 2022
Sam Manas
The CFPB said the company hadn’t met any of its self-imposed deadlines to provide information regarding how it handles consumer disputes. Block operates popular peer-to-peer payments service Cash App.
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CFPB Hiring Tech Experts to Boost Investigations

July 18, 2022
Sam Manas
The CFPB is looking to hire roughly 25 tech-savvy employees to aid in supervision and enforcement. The positions to be filled range from data scientists to user experience designers.
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CFPB Considering Nonbank Registration System, Again

July 18, 2022
Sam Manas
The consumer watchdog is considering making nonbank financial institutions “register” with the agency. Details? Not many.
Read More
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