From: The Consumer Financial Protection Bureau
To: Scott Jenkins,
Subject: CFPB Update: May 15, 2014
Date: Thu May 15 14:47:02 MDT 2014
Consumer Financial

CFPB Update: May 15, 2014

CFPB Proposes Rule to Promote More Effective Privacy Disclosures

The CFPB recently proposed a rule to promote more effective privacy disclosures from financial institutions to their customers. The rule would allow companies that limit their consumer data-sharing and meet other requirements to post their annual privacy notices online rather than delivering them individually. Learn more... 

CFPB Spotlights Mortgage Debt Challenges Faced By Older Americans

The CFPB recently released a snapshot report spotlighting the mortgage debt challenges faced by a growing number of older Americans. These challenges include more mortgage debt, less affordable housing, and greater risk of foreclosure. Learn more...

CFPB Releases Tools To Protect Foster Care Children From Credit Reporting Problems

The CFPB recently took action to better protect children in the foster care system from credit reporting problems that could compromise their future credit. The Bureau published action letters for child welfare caseworkers to send to credit bureaus if they find errors on the credit reports of the children in their care. Learn more…

Director Cordray’s Appearances

April 30th: Director Cordray issued a statement responding to BMO Harris Bank's auto finance announcement.

May 9th: Director Cordray delivered remarks at the Federal Reserve Bank of Chicago.  

eRegulations: How Can You Help?

As part of the CFPB’s eRegulations tool, we’re launching an intuitive, easier-to-navigate electronic format of Regulation Z, which implements the Truth in Lending Act. As we continue our work to make regulations easier to use, we need to hear from you about what works best and how this tool is valuable to you. Learn more about the tool and how you can provide feedback on it by visiting our blog.

The Consumer Financial Protection Bureau

1700 G Street, NW

Washington, DC 20552