Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced that this week it invoked a largely unused legal provision to examine nonbank financial companies that pose risks to consumers. …
CFPB Invokes Dormant Authority to Examine Nonbank Companies Posing Risks to Consumers Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau recently released its fifth biennial report to Congress on the consumer credit card market, finding that the market’s growth over the last …
Report Finds Declines in Credit Card Debt, New Applications and Increases in Digital Engagement in 2020 Read More
WASHINGTON, D.C. — The Federal Trade Commission this week approved final revisions that would bring several rules that implement parts of the Fair Credit Reporting Act (FCRA) in line with …
FTC Approves Changes to Five FCRA Rules Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) this week proposed a new rule designed to help small businesses gain access to the credit they need and deserve by …
CFPB Proposes Rule to Shine New Light on Small Businesses’ Access to Credit Read More WASHINGTON, D.C. — The Federal Trade Commission announced that staff this week submitted a comment urging the Board of Governors of the Federal Reserve System (the Fed) to clarify and strengthen …
FTC Urges Federal Reserve Board to Require Debit Card Gatekeepers to Compete Fairly Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) recently published updated loan-level data for public use collected through the National Survey of …
CFPB and FHFA Release Updated Data from the National Survey of Mortgage Originations for Public Use Read More