The Consumer Financial Protection Bureau (CFPB) recently passed rules encouraging banks to work with customers affected by the pandemic, while assuring them that actions taken in good faith will not be subject to examiner criticism.
CFPB Director Kathy Kraninger recently discussed the new higher-level inquiries with attendees of the American Bankers Association Risk and Compliance Virtual Conference.
Read on for more details about the new Prioritized Assessments and other top CFPB pandemic issues.
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