CFPB Rescinds Series Of Policy Statements To Ensure Industry Complies With Consumer Protection Laws | 4

Compliance with consumer laws in the industry are crucial to avoid consumer harm. Hence, CFPB has provided seven policy statements that provides temporary flexibilities to financial institutions in consumer financial markets including mortgages, credit reporting, credit cards and prepaid cards.

Read about this information through the link: 
https://www.consumerfinance.gov/about-us/newsroom/cfpb-rescinds-series-of-policy-statements-to-ensure-industry-complies-with-consumer-protection-laws/