Fresh Today

Fresh Today

WASHINGTON—The Consumer Financial Protection Bureau has announced a settlement with USAA Federal Savings Bank after finding USAA violated the Electronic Fund Transfer Act and Regulation E by failing to properly honor consumers’ stop payment requests on preauthorized electronic fund transfers.

WASHINGTON—The CFPB has finalized changes to asset-size exemption thresholds under the Home Mortgage Disclosure Act (HMDA) and Regulation Z, and has also raised the ceiling for allowable charges under the Fair Credit Reporting Act (FCRA).