A new rule approved today by the Consumer Financial Protection Bureau will help ensure accuracy and accountability in home appraisals powered by AI or advanced algorithms.
Very informative
It was about time.
Very informative
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A new rule approved today by the Consumer Financial Protection Bureau will help ensure accuracy and accountability in home appraisals powered by AI or advanced algorithms.
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1wVery informative
It was about time.
Very informative
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🔔 Exciting Opportunity Alert! 🔔 Are you an experienced attorney ready to make an impact? The Consumer Financial Protection Bureau (CFPB) Office of Enforcement is hiring Attorney-Advisors to join our dynamic team! 🌟 We’re looking for talented attorneys with substantive experience conducting investigations and litigation. Experience working with consumers, interpreting consumer protection laws, or practicing in federal court are a plus. American Bar Association #CFPBJobs #AttorneyAdvisors #NowHiring #JoinOurTeam #Diversity #LegalCareers #ConsumerProtection #WorkLifeBalance
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Today, the Consumer Financial Protection Bureau proposed new rules to make it easier for homeowners to get help when they are struggling to pay their mortgage.
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Today, the Consumer Financial Protection Bureau took action against repeat offender Fifth Third Bank for a range of illegal activities that will result in the bank paying $20 million in penalties as well as paying redress to approximately 35,000 harmed consumers, including about 1,000 who had their cars repossessed.
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Today, the Consumer Financial Protection Bureau published an edition of Supervisory Highlights to share key findings from recent examinations of auto and student loan servicing companies, debt collectors, and other financial services providers.
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The Home Mortgage Disclosure Act (HMDA) requires mortgage lenders to report data about the loan applications they receive and the loans they originate. In just the last year, the CFPB used its enforcement authority to hold two major lenders accountable for failing to report complete and accurate HMDA data. https://lnkd.in/e__iNmHf
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Millions of mortgage borrowers had difficulty making their loan payments during the COVID-19 pandemic. A new Consumer Financial Protection Bureau report explores borrowers’ experiences, finding that many mortgage borrowers had trouble getting the help they needed from their mortgage servicers.
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Today, the Consumer Financial Protection Bureau released its Fair Lending Annual Report to Congress, describing how we promoted fair access to credit and took action against unlawful discrimination in calendar year 2023.
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Today, the Consumer Financial Protection Bureau issued an interim final rule to extend compliance deadlines by 290 days for the small business lending rule.
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Don’t forget: Take action by Sunday, June 30 to take advantage of the U.S. Department of Education’s one-time payment count adjustment for student loan borrowers.
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