Supervisory guidance

The Bureau periodically releases policy guidance, including compliance bulletins, joint-agency memoranda, and other notices and guidance to inform and advise regulated entities.

Filter supervisory guidance documents 96 filtered results Published APR 03, 2023

Policy Statement on Abusiveness

The CFPB has issued a policy statement that explains the legal prohibition on abusive conduct in banking and nonbanking consumer financial markets.

Published MAR 16, 2023

Bulletin 2023-01: Unfair Billing and Collection Practices After Bankruptcy Discharges of Certain Student Loan Debts

Student loan servicers who collect on student loans that are discharged by a bankruptcy court are likely engaging in an unfair act or practice in violation of the Consumer Financial Protection Act (CFPA).

Published OCT 26, 2022

Bulletin 2022-06: Unfair Returned Deposited Item Fee Assessment Practices

Blanket policies of charging Returned Deposited Item fees to consumers for all returned transactions irrespective of the circumstances or patterns of behavior on the account are likely unfair under the Consumer Financial Protection Act (CFPA).

Published MAR 22, 2022

Bulletin 2022-05: Unfair and Deceptive Acts or Practices That Impede Consumer Reviews

When firms frustrate the ability of consumers to post honest reviews of products and services that they use, they may be engaged in conduct prohibited by the Consumer Financial Protection Act.

Published FEB 28, 2022

Bulletin 2022-04: Mitigating Harm from Repossession of Automobiles

Compliance Bulletin highlighting law violations CFPB has identified during the repossession process. Published FEB 18, 2022

Bulletin 2022-03:Servicer Responsibilities in Public Service Loan Forgiveness Communications

The Consumer Financial Protection Bureau is issuing this Compliance Bulletin and Policy Guidance regarding the servicing of Federal student loans for borrowers who may be eligible for Public Service Loan Forgiveness.

Published FEB 15, 2022

CFPB Bulletin 2022-02: Compliance Bulletin on the Electronic Fund Transfer Act’s Compulsory Use Prohibition and Government Benefit Accounts

The CFPB is issuing this Compliance Bulletin to reiterate that section 913 of EFTA applies to government benefit accounts.

Published JAN 13, 2022

Bulletin 2022-01: Medical Debt Collection and Consumer Reporting Requirements in Connection with the No Surprises Act

The Bureau of Consumer Financial Protection is issuing this Compliance Bulletin and Policy Guidance to remind debt collectors, information furnishers, and consumer reporting agencies of their obligations related to the No Surprises Act.

Published JUL 01, 2021

Enforcement Compliance Bulletin 2021-03: Consumer Reporting of Rental Information

The Bureau of Consumer Financial Protection is issuing this Enforcement compliance bulletin and policy guidance regarding consumer reporting of rental information in light of heightened risks to renters associated with inaccurate consumer reporting as pandemic-related protections for renters begin to expire.

Published APR 01, 2021

CFPB Bulletin 2021-02: Supervision and Enforcement Priorities Regarding Housing Insecurity

The Bureau of Consumer Financial Protection (Bureau) is issuing this Compliance Bulletin and Policy Guidance (Bulletin) on Supervision and Enforcement priorities regarding housing insecurity in light of heightened risks to consumers needing loss mitigation assistance in the coming months as the COVID-19 foreclosure moratoriums and forbearances end.

Published MAR 31, 2021

Rescission of Statement of Policy on Supervisory and Enforcement Practices Regarding Certain Filing Requirements Under the Interstate Land Sales Full Disclosure Act and Regulation J

Rescission of policy statements issued between March 26 – June 3, 2020 providing temporary regulatory flexibilities in response to COVID-19 pandemic.

Published MAR 31, 2021

Rescission of Statement of Policy on Supervisory and Enforcement Practices Regarding Regulation Z Billing Error Resolution Timeframes in Light of the COVID-19 Pandemic

Rescission of policy statements issued between March 26 – June 3, 2020 providing temporary regulatory flexibilities in response to COVID-19 pandemic.

Published MAR 31, 2021

Rescission of Statement of Policy on Supervisory and Enforcement Practices Regarding Electronic Credit Card Disclosures in Light of the COVID-19 Pandemic

Rescission of policy statements issued between March 26 – June 3, 2020 providing temporary regulatory flexibilities in response to COVID-19 pandemic.

Published MAR 31, 2021

Rescission of Statement of Policy on Bureau Supervisory and Enforcement Response to COVID-19 Pandemic

Rescission of policy statements issued between March 26 – June 3, 2020 providing temporary regulatory flexibilities in response to COVID-19 pandemic.

Published MAR 31, 2021

Rescission of Statement of Policy on Supervisory and Enforcement Practices Regarding the Fair Credit Reporting Act and Regulation V in Light of the CARES Act

Rescission of policy statements issued between March 26 – June 3, 2020 providing temporary regulatory flexibilities in response to COVID-19 pandemic.

Published MAR 31, 2021

Rescission of Statement of Policy on Supervisory and Enforcement Practices Regarding Quarterly Reporting Under the Home Mortgage Disclosure Act

Rescission of policy statements issued between March 26 – June 3, 2020 providing temporary regulatory flexibilities in response to COVID-19 pandemic.

Published MAR 31, 2021

Rescission of Statement of Policy on Supervisory and Enforcement Practices Regarding Bureau Information Collections for Credit Card and Prepaid Account Issuers

Rescission of policy statements issued between March 26 – June 3, 2020 providing temporary regulatory flexibilities in response to COVID-19 pandemic.

Published MAR 31, 2021

CFPB Bulletin 2021-01: Changes to Types of Supervisory Communications

The Consumer Financial Protection Bureau (CFPB or Bureau) is issuing this bulletin to announce changes to how its examiners articulate supervisory expectations to supervised entities in connection with supervisory events.

Published JAN 21, 2021

Memorandum of Understanding with the National Credit Union Administration Regarding Enhanced Cooperation and Coordination

The CFPB and the NCUA entered into a Memorandum of Understanding on January 14, 2021, to enhance cooperation and coordination between the agencies.

Published OCT 05, 2020

Statement of Policy on Applications for Early Termination of Consent Orders

The Consumer Financial Protection Bureau has issued a policy statement on applications for early termination of administrative consent orders.

Published JUL 07, 2020

Statement on Supervisory and Enforcement Practices Regarding Certain Large Loans Under the Regulations for Payday, Vehicle Title, and Certain High-Cost Installment Loans

The Consumer Financial Protection Bureau has issued a statement on supervisory and enforcement practices regarding certain large loans under the regulations for Payday, Vehicle Title, and Certain High-Cost Installment Loans.

Published JUN 03, 2020

Statement on Supervisory and Enforcement Practices Regarding Electronic Credit Card Disclosures in Light of the COVID-19 Pandemic

The Bureau does not intend to cite a violation in an examination or bring an enforcement action against a credit card issuer seeking to provide certain forms of relief during a phone call when the issuer does not obtain a consumer’s E-Sign consent.

Published MAY 21, 2020

Statement on Supervisory and Enforcement Practices Regarding Regulation Z Billing Error Resolution Timeframes in Light of the COVID-19 Pandemic

The Bureau is issuing this statement to inform creditors of the Bureau’s flexible supervisory and enforcement approach during the COVID-19 pandemic regarding the timeframe within which creditors complete their investigations of consumers’ billing error notices.

Published MAY 13, 2020

Joint Statement Encouraging Responsible Small-Dollar Lending in Response to COVID-19

The Board of Governors of the Federal Reserve System, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, National Credit Union Administration, and Office of the Comptroller of the Currency are issuing this statement to specifically encourage financial institutions to offer responsible small-dollar loans to both consumers and small businesses.

Published MAY 12, 2020

Handling of Information and Documents During Mortgage Servicing Transfers (CFPB Bulletin 2020-02)

The Bureau is issuing this Bulletin to provide mortgage servicers clarity, facilitate compliance, and prevent harm to consumers during the transfer of residential mortgages.