In this issue:

- ENFORCEMENT

- “Add-On Products”

- CID PushBack

- SUPERVISION

- MISCELLANEOUS

- Strategic Plan

- Study on Credit Scores

- Consumer Advisory Board

- REGULATIONS

- OUTSTANDING FEDERAL REGISTER PUBLICATIONS

- UPCOMING REGULATIONS

An excerpt from "CID PushBack"

The CFPB has made available information regarding companies’ response to Civil Investigative Demands (“CID”). Generally speaking, the Director can respond in three ways to a CID: (i) reaffirm the decision to obtain the information; (ii) modify the demand, or (iii) set it aside altogether. In response to a recent challenge to a CID, the Director reaffirmed the CID and ordered a mortgage lending company to comply with the CID within 21 days...

Please see full newsletter below for more information.