The Consumer Financial Protection Bureau (CFPB) has released its latest supervision report showing that CFPB supervisory actions resulted in $107 million in relief to more than 238,000 consumers, NationalMortgageProfessional.com reported yesterday. The report, the ninth edition of Supervisory Highlights, generally covers supervisory activities completed between May 2015 and August 2015. The CFPB often finds problems during supervisory examinations that are resolved without an enforcement action. Recent non-public supervisory actions in areas such as mortgage servicing, mortgage origination, deposits, and credit cards have resulted in $107 million in restitution to more than 238,000 consumers. The CFPB found violations in the student loan servicing, mortgage origination and servicing, consumer reporting, and debt collection markets.
