Links in “Agencies”
- Habla Español? NCUA Does!
The NCUA has translated portions of its public website into Spanish. Por qué? The NCUA is committed to making valuable information available to stakeholders with limited English proficiency. [5/13/15]
- CFPB Comes Calling to Verizon and Sprint
The CFPB has filed proposed orders in federal courts, requiring that Verizon and Sprint pay $120 million in customer refunds to redress illegal third-party charges to customers. Additionally, if approved, the companies would pay $38 million in federal and state fines. [5/13/15]
- New Enforcement Action from the FRB
The Federal Reserve Board has announced another enforcement action, executed Tuesday. The enforcement action was taken against The Freedom Bank of Virginia, and can be read here. [5/13/15]
- CFPB Knocks Nationwide Biweekly
The CFPBâs most recent lawsuit is against Nationwide Biweekly for deceptive mortgage payments. Director Cordray stated that the CFPB will be âtaking action to end these illegal and deceptive practices, and to hold these companies accountable for their actions.â [5/12/15]
- Avoiding Discrimination 101
The CFPB has released a bulletin aimed at helping mortgage lenders avoid discrimination when it comes to consumers who are receiving public housing assistance. [5/12/15]
- FDIC Director Resigns
The FDIC's Director, Jeremiah O. Norton, submitted his letter of resignation Friday, which will be effective June 5, 2015. Chairman Martin Gruenberg commented that Norton's thoughtful insight would be missed. Read his resignation letter here. [5/11/15]
- Risk Watch 57: The Biggest Mistake to Avoid in Credit Card Advertising
When it comes to advertising, the CFPB keeps a sharp eye on financial institutions. And though the bureau searches for all kinds of false claims, there is one in particular thatâs been on its radar lately. AffirmX Analysts Rachel Osborn highlights this issue, and how to easily side-step it. [5/8/15]
- CFPB’s Cordray Gives Speech at ARC
Richard Cordray's short remarks at the onset of the Academic Research Council annual meeting highlight ongoing efforts by the CFPB to use information from the academic consumer think tank to aid the CFPB's Office of Research. [5/8/15]
- Need Secondary Capital? Well, Here’s…
...a website. The NCUA's new Secondary Capital Working Group webpage was made to help the group increase the availability of secondary capital to low-income credit unions. [5/7/15]
- Dunder Mifflin Needs More Sensitivity Training
And apparently they're not the only ones in Scranton that do. The HUD announced a $100,000 agreement with "The Electric City" to resolve allegations of discrimination against people with disabilities. [5/7/15]
