
What Does Halt to CFPB Work Mean for Mass. Banks?
The future of the nation’s top consumer financial regulator is in doubt, and that’s opening questions about the impact on local banks.
The future of the nation’s top consumer financial regulator is in doubt, and that’s opening questions about the impact on local banks.
The proposal is being coupled with the CFPB announcing that it will block large banks from charging “junk fees” to provide basic customer services.
Citizens Financial Group had more consumer complaints than nearly every other bank in the country in 2018.
Richard Cordray, director of the lately embattled Consumer Finance Protection Bureau, addressed a hall packed with mortgage bankers at the Hynes Convention Center in Boston yesterday morning.