On March 8, 2016, the Consumer Financial Protection Bureau (CFPB) released its 10th edition of Supervisory Highlights, the CFPB’s report to the public on the progress and success of its supervisory activities. The report, which generally covered supervisory activities completed between September 2015 and December 2015, indicates that the exams of banks and nonbanks covered by this report “resulted in the remediation of $14.3 million to approximately 228,000 consumers.” Moreover, the report summarizes CFPB findings during the same period related to violations of law or regulation in the student loan market, international money transfer market, credit reporting, and debt collection.

The release and Supervisory Highlights report can be found at: http://www.consumerfinance.gov/newsroom/cfpb-supervision-of-banks-and-nonbanks-recovers-14-3-million-for-consumers/

http://www.lockelord.com/newsandevents/publications/2016/03/cfpb-releases-10th-edition-of-supervisory-highlights

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