CFPB Releases Spring 2022 Supervisory Highlights

Key Findings and Guidance for Consumer Financial Institutions

The Consumer Financial Protection Bureau (CFPB) recently published its latest Supervisory Highlights report, which provides insights into the agency's examination findings and guidance for consumer financial institutions.

This report highlights findings from examinations across various consumer financial areas, including auto servicing, student loan servicers, and other compliance issues.

Key Topics Covered in the Report

• Unfair, deceptive, or abusive acts or practices (UDAAPs)
• Information technology
• Auto servicing
• Student loan servicers
• Lenders and programs

CFPB's Oversight and Guidance

The CFPB's Supervisory Highlights report provides valuable guidance to consumer financial institutions, highlighting areas of concern and potential risks. The agency's oversight activities aim to ensure compliance with consumer financial laws and regulations and promote fair and equitable treatment of consumers.