Is CFPB a federal agency?
On your side through life’s financial moments. We’re the Consumer Financial Protection Bureau, a U.S. government agency dedicated to making sure you are treated fairly by banks, lenders and other financial institutions.
What is the CFPB and what do they do?
The Consumer Financial Protection Bureau is a 21st century agency that implements and enforces Federal consumer financial law and ensures that markets for consumer financial products are fair, transparent, and competitive.
Who is regulated by CFPB?
We have supervisory authority over banks, thrifts, and credit unions with assets over $10 billion, as well as their affiliates. In addition, we have supervisory authority over nonbank mortgage originators and servicers, payday lenders, and private student lenders of all sizes.
How do I register for CFPB?
Information
- Navigate to https://ffiec.cfpb.gov/filing/.
- Select the ‘Create an account’ button.
- Enter your First Name, Last Name, and Email in the specific fields.
- After you finish entering your email address, any financial institutions associated with the email domain that you entered will populate.
Who does the CFPB report to?
The bureau is an independent unit located inside and funded by the United States Federal Reserve, with interim affiliation with the U.S. Treasury Department.
What statutes does CFPB enforce?
The CFPB implements and enforces federal consumer financial laws to ensure that all consumers have access to markets for consumer financial products and services that are fair, transparent, and competitive.
How do I file a complaint with the CFPB?
The fastest way to get started is to go consumerfinance.gov/complaint. If you need help while you’re online, you can chat with one of our team members on the site. You can also submit a complaint over the phone by calling us at (855) 411-CFPB (2372), toll free.
How do I submit HMDA?
Download a free copy of the FFIEC HMDA Data Entry Software. Select ‘Add’ Transmittal, and then ‘Add’ Loan Application Register (LAR) records to create a new submission. Prepare your HMDA data submission for the calendar year.
Who Must file HMDA?
HMDA requires lenders to report the ethnicity, race, gender, and gross income of mortgage applicants and borrowers. Lenders must also report information regarding the pricing of the loan and whether the loan is subject to the Home Ownership and Equity Protection Act, 15 U.S.C. 1639.
How does the CFPB start an investigation?
Commencing enforcement investigations Enforcement relies on a number of sources of information to identify potential issues that may warrant opening an investigation, including: Consumer complaints. The Bureau’s whistleblower hotline. Referrals from federal regulators and other local, state, and federal agencies.
What is the Consumer Financial Protection Bureau CFPB?
Consumer Financial Protection Bureau. Subscribe. The Bureau of Consumer Financial Protection (CFPB) is an independent bureau within the Federal Reserve System that empowers consumers with the information they need to make financial decisions in the best interests of them and their families.
Is the SGML-based PDF version of the Federal Register accurate?
While every effort has been made to ensure that the material on FederalRegister.gov is accurately displayed, consistent with the official SGML-based PDF version on govinfo.gov, those relying on it for legal research should verify their results against an official edition of the Federal Register.
How do I submit a comment to the CFPB?
Mail/Hand Delivery/Courier: Comment Intake, Bureau of Consumer Financial Protection, 1700 G Street NW, Washington, DC 20552. Please note that due to circumstances associated with the COVID-19 pandemic, the CFPB discourages the submission of comments by mail, hand delivery, or courier.