On January 5, 2020, the CFPB’s Task Force on Federal Consumer Financial Law issued its report “with recommendations on how to improve consumer protection in the financial marketplace.”
In February 2020, HUD and PERC, a global consulting firm, released a study examining how reporting rent payments made by thousands of HUD-assisted households to nationwide consumer reporting agencies would impact the credit standing of these families.
Joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms
In November 2019, the five federal financial regulatory agencies issued a joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms.
The FTC announced in December 2004 that it issued a report to Congress containing studies on credit report accuracy and completeness...