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News Archive for Sep 2023



Fed Believe Representment NSF Fees are ‘Unfair’

Posted on: 9/27/2023
In a recent “compliance spotlight”, the Federal Reserve stated that it has cited banks for ...
 

CFPB Proposes Removing Medical Bills from Credit Reports

Posted on: 9/27/2023
The CFPB has announced it has begun a rulemaking process to remove medical bills from consumer credit ...
 

CFPB Issues Guidance on Notifying Applicants of Credit Denials When Using AI

Posted on: 9/27/2023
Creditors must provide accurate and specific reasons for denying loan applications even when those decisions ...
 

Treasury Department Releases Net-Zero Principles for Financial Institutions

Posted on: 9/27/2023
The Treasury Department has published a set of nine voluntary principles to promote consistency among ...
 

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