Examples of CFPB in a sentence

The specific guidelines that the CFPB is designating for the safe harbor are: The GQM Rule provides that if the creditor verifies the consumer’s income or assets, debt obligations, alimony, child support, and monthly DTI or residual income by meeting the standards of certain specified third-party underwriting manuals, then a creditor is presumed to have complied with the verification requirement.
All HPML loans must comply with the flipping requirements of the TILA HPML Appraisal Rule; otherwise meet the definition of CFPB qualified mortgages (safe harbor (QM) or rebuttable presumption (ATR)) so as not to trigger the requirements of the TILA HPML Appraisal Rule.
Wire transfers are governed by Federal Reserve Regulation J if the transfer is cleared through the Federal Reserve and the Consumer Financial Protection Bureau (CFPB) rule governing foreign remittances.
In a more recent issue of Supervisory Highlights, the CFPB included discussion of furnisher reviews and examiner’s findings with respect to furnisher compliance with FCRA accuracy and dispute investigation requirements.
For example, the CFPB has been instructed simply to “prescribe rules establishing such procedures as may be necessary” to carry out its adjudicative authority.24When updating procedural rules for its adjudicative proceedings in 2023, the CFPB announced that it would issue a rule using notice-and-comment procedures to facilitate public awareness and input.