A bank settled CFPB charges for failing to respond to customers’ credit card disputes and fraud claims.

The CFPB determined that the commercial financing disclosure laws required under California, New York, Utah, and Virginia state law are not preempted by the Truth in Lending Act.

The CFPB proposed a settlement of claims against a healthcare-focused loan origination company for misleading customers about how it handled customer deposits.

The CFPB highlighted findings from supervisory examinations completed between January 2022 and June 2022.

A custodial bank settled CFPB charges for (i) applying for lines of credit and opening deposit accounts on behalf of customers without their consent, (ii) obtaining consumer reports with personal information without justification, and (iii) pressuring employees into selling products to customers to meet predetermined sales goals.