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CFPB, FRB, OCC Announce 2026 Higher-Priced Mortgage Loan Appraisal Exemption Threshold

The CFPB, Federal Reserve Board, and OCC announced the 2026 threshold for higher-priced mortgage loan appraisal exemptions will increase to $34,200 from $33,500. This annual adjustment reflects changes in the Consumer Price Index for Urban Wage Earners and Clerical Workers.

Truth in Lending and Leasing Rules: 2026 Dollar Thresholds Announced

The CFPB and Federal Reserve announced the 2026 dollar thresholds for Truth in Lending (Regulation Z) and Consumer Leasing (Regulation M) rules. These thresholds, adjusted annually based on CPI-W, determine which consumer credit and lease transactions are subject to federal protections. For 2026, the general threshold is $73,400 or less.

CFPB Final Rules and Regulatory Adjustments

The Consumer Financial Protection Bureau (CFPB) has issued final rules and regulatory adjustments, including updates to the Rules of Practice for Adjudication Proceedings and adjustments to exemption thresholds for higher-priced mortgage loans and consumer leases under TILA and Regulation M. These changes are effective in late 2025 and early 2026.

CFPB Supervisory Highlights Issue 32 - Consumer Reporting

The Consumer Financial Protection Bureau (CFPB) has released its Supervisory Highlights Issue 32, focusing on consumer reporting companies and furnishers. The report details supervisory observations and remedial actions related to accuracy and identity theft requirements under the FCRA and Regulation V.

CFPB Supervisory Highlights: Servicing and Collection of Consumer Debt

The Consumer Financial Protection Bureau (CFPB) has released its Supervisory Highlights Issue 34, focusing on the servicing and collection of consumer debt. This edition summarizes supervisory findings from April 1, 2023, to December 31, 2023, covering auto loans, student loans, debt collection, credit card account management, and deposit/prepaid accounts.

CFPB Auto Finance Supervisory Highlights Issue 35

The CFPB has released its Fall 2024 Supervisory Highlights, focusing on auto finance. The report details findings on origination disclosures, repossessions, servicing, add-on products, and furnishing deficiencies, highlighting a trend of significant violations. It also notes public enforcement actions within the auto finance market.

CFPB Supervisory Highlights: Student Lending

The CFPB has released its Supervisory Highlights Special Edition on Student Lending, Issue 36. This document details findings from supervisory examinations concerning private student loans, including issues with refinancing disclosures, illusory benefits, noteholder liability, illegal collection tactics, and federal loan servicing during the return to repayment.

CFPB Supervisory Highlights Issue 37

The Consumer Financial Protection Bureau (CFPB) has released Supervisory Highlights Issue 37, detailing recent findings in deposit accounts, furnishing, and short-term small dollar lending. The report highlights violations of the Fair Credit Reporting Act and unfair practices related to overdraft fees, with significant refunds issued by mortgage servicers and originators.

CFPB Orders Equifax $15M Penalty for FCRA Violations

The Consumer Financial Protection Bureau (CFPB) has ordered Equifax, Inc. and Equifax Information Services LLC to pay a $15 million civil money penalty for violations of the Fair Credit Reporting Act (FCRA). The order addresses failures in reinvestigating consumer disputes, preventing improper reinsertion of deleted information, and ensuring data accuracy.

CFPB Orders American Honda Finance $12.8M Penalty and Redress

The Consumer Financial Protection Bureau (CFPB) ordered American Honda Finance Corporation (Honda Finance) to pay a $2.5 million civil money penalty and $10.3 million in consumer redress. The order addresses violations of the Fair Credit Reporting Act (FCRA) related to inaccurate reporting of consumer payment deferrals during the COVID-19 pandemic.