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CFPB highlights furnishers in latest supervisory report
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Banking, Consumer Protection, Corporate Governance
Friday, November 6, 2015
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As the Consumer Financial Protection Bureau (CFPB) has continued to dig into potentially harmful practices in the debt collection and loan servicing industries, the bureau’s spotlight has intensified on companies that furnish information to consumer reporting agencies. In the latest version of its Supervisory Highlights report, the CFPB discussed some of the findings from examiners and what lessons furnishers – and other third-party vendors – can take from their observations. Read on for the details.
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