The CFPB highlighted findings from supervisory examinations completed between January 2022 and June 2022.
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The CFPB highlighted findings from supervisory examinations completed between January 2021 and June 2021. The examinations covered, among other things, credit card account management, debt collection, deposits, fair lending, mortgage servicing and payday lending.
A FinTech company engaging in origination and servicing activities settled CFPB charges for facilitating and processing loans to consumers who did not request them.
The CFPB highlighted findings from supervisory examinations completed in 2020.
The U.S. House Financial Services Committee passed legislation to advance racial equity in the financial system, improve consumer protections against abusive debt collection practices and enhance public company disclosures.