The CFPB has replaced its five-tier performance rating system for employee reviews with a two-tier system after racial disparities were revealed earlier this year.
The bureau's new OMWI report also says employees question the new pass/fail performance review system.
The bureau will also retroactively give all employees top ratings and spend $5 million on raises for everyone, regardless of performance.
Program is part of the bureau’s “Know Before You Owe” mortgage initiative.
The CFPB extends fee estimations five more years, but finalizes the 100 transaction annual compliance threshold.
Credit union leaders say they already consider FICO's changes when underwriting loans for members.
Scott Pluta tells his consumer response team House hearings are just political theater.
Will the new change in the way credit scores are calculated result in a loan growth boost for credit unions?
Agency alleged First Investors Financial Group sent false consumer information to credit reporting agencies.
The bureau also cautions consumers about the currency's volatility and shady dealers.