CFPB ends consent orders for WaFd and Planet Home Lending
The CFPB terminated consent orders against Washington Federal Bank and Planet Home Lending on Sept. 18, ending obligations tied to earlier mortgage and redress cases.
Regulatory
CFPB ends Apple and US Bank monitoring early
Bloomberg Law reported that the CFPB posted early terminations for Apple and US Bancorp, cutting short oversight tied to earlier enforcement settlements.
CFPB ends two WaFd mortgage consent orders early
The CFPB terminated two WaFd Bank consent orders tied to Home Mortgage Disclosure Act violations, including one that carried a $200,000 penalty and another with a $34,000 penalty.
ProPublica says CFPB pullback reduced relief on credit bureau complaints
ProPublica says complaint-resolution rates fell at TransUnion and Experian after the CFPB’s enforcement role was scaled back, leaving more consumers without relief on credit-report disputes.
CFPB adopts new enforcement principles and cites Bilt case
The CFPB says it has adopted new Enforcement Principles and applied them in a Bilt matter involving a credit-card transition to a new bank partner.
IRS reminds taxpayers they can request a filing extension before midnight
The IRS said taxpayers can request more time to file through IRS Free File or other electronic payment methods, but the payment deadline does not change.
IRS reminds taxpayers of June 17 estimated tax deadline
The IRS reminder says second-quarter estimated tax payments are due June 17, 2024, for taxpayers with income not subject to withholding.