Unlocking Insights: Analyzing the 2022 CRA Peer Data for Small Business, Small Farm and Community Development On December 20, 2023, […]
Category: Blogs
Accuracy of Adverse Action Notices
On November 8, 2023, the Consumer Financial Protection Bureau (“CFPB”) entered into a consent order with a major bank to […]
Combating Antisemitism In Banking Services
By Lynn Woosley, CRCM (Originally published in ABA Risk and Compliance, September/October 2023) Citing an alarming increase in antisemitic incidents, […]
Mortgage Lending Risks: Lessons from the CFPB’s Data Point: 2022 Mortgage Market Activity and Trends
In September 2023, the Consumer Financial Protection Bureau (“CFPB”) released Data Point: 2022 Mortgage Market Activity and Trends (“Data Point”).[1] […]
Loan Servicing Fees: A Consumer Protection Perspective
Loan servicing fees are charges imposed by loan servicers to manage and administer a borrower’s loan. These fees cover a […]
CFPB States Reopening Closed Accounts May Violate The CFPA
On May 10, 2023, the Consumer Financial Protection Bureau (“CFPB”) issued Consumer Financial Protection Circular 2023-02 (“CFPC 2023-02” or the […]