Monday, October 14, 2019

Reviewing CFPB’s latest supervisory highlights

The Consumer Financial Protection Bureau recently released its Summer 2019 Supervisory Highlights, which includes key findings from the CFPB’s exams for the most part between December 2018 to March 2019.

In each edition, the Bureau chooses the areas where it has seen the most supervisory activity, and for this one, it highlighted auto loan origination, credit card account management, debt collection practices, FCRA information furnishing, and mortgage loan origination.

Victoria Stephen, with Compliance Alliance, did a review of the highlights for bankers, which can be viewed by clicking here.