CFPB Rescinds 7 Policies Favoring Financial Institutions

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) this week announced it is rescinding seven policy statements issued last year that provided temporary flexibilities to financial institutions in consumer financial markets including mortgages, credit reporting, credit cards and prepaid cards, according to a CFPB release. The seven rescissions, effective Thursday (April 1), provide guidance […]

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