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CFPB Summer 2020 Highlights looks at consumer reporting, debt collection, deposits, fair lending, mortgage servicing, and payday lending

CFPB Monitor

The report discusses the Bureau’s examinations in the areas of consumer reporting, debt collection, deposits, fair lending, mortgage servicing, and payday lending that were completed between September 2019 and December 2019. Fair lending. Payday lending. Key findings are described below. Consumer reporting.

Lending 78
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Growth Loops – The New Way To Grow Bank Product Sales

South State Correspondent

Here is a fun exercise – Ask a bank product team, “How do you grow customers?” Instead of thinking about how you can grow customers, the commercial lending team often thinks about increasing loans. When it first came out, many bankers laughed at the social media aspects of Venmo with its use of emojis.