CFPB Reverses Pandemic Flexibilities, Vowing Enforcement

HousingWire, Mar. 31, 2021–Alex Roha
The Consumer Financial Protection Bureau announced Wednesday it is rescinding seven of its temporary policies put in place to protect consumers during the pandemic. The seven rescissions will be effective Thursday, April 1, with the government agency noting that it intends to exercise the full scope of its supervisory and enforcement authority provided under the Dodd-Frank Act.