The CFPB updated its 2016 advisory notice on elder financial abuse. Though the recommendations are voluntary, companies that fail to comply might become targets of enforcement actions, attorneys warned.

While industry groups support the CFPB’s plan to review rules that have significant economic impact on small entities, consumer groups suggest the bureau restrict the plan.

The CFPB and New York attorney general together fined debt collectors more than $60 million for illegal collection practices in a recent enforcement action.

Freedom Debt Relief agreed to settle allegations that it misled consumers who participated in its debt settlement program and charged fees without settling debts as promised.

CFPB Director Kathy Kraninger exercised spending cuts across divisions except for consumer education and the office of director.

The CFPB under the leadership of Director Kathy Kraninger filed its first amicus brief, weighing in on issues related to the one-year statute of limitations under the Fair Debt Collection Practices Act.

HUD has offered a job to Eric Blankenstein, a former CFPB official who stirred controversy over his racism-tinged blog posting more than a decade ago. Democrats are concerned about the impact his appointment will have.

The CFPB extended the comment period by three months on its advanced notice of proposed rule-making regarding whether to revise additional HMDA data points added under its 2015 rule.