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.
An FTC final rule amending requirements that allow a consumer to prohibit the use of certain information obtained from affiliates for customer solicitation was published in the Federal Register.
An FTC final rule amending the Commission's requirements for entities using information from customer reports for unsolicited credit or insurance advertising was published in the Federal Register.
The FTC approved "largely technical changes" to five rules under the Fair Credit Reporting Act. The amendments clarify that the FCRA rules, as enforced by the FTC, apply only to motor vehicle dealers, since Dodd-Frank transferred authority for the regulation of other types of entities to the CFPB.