|Topics and Issues||
In December 2019, the CFPB issued Supervisory Highlights Consumer Reporting Special Edition, Issue No. 20 (Fall 2019). The report addresses several issues. Under Supervisory Observations at Furnishers, the report addresses Reasonable, written policies and procedures; Prohibition of reporting information with actual knowledge of errors; Duty to correct and update information; Duty to provide notice of delinquency of accounts; and Obligations upon notice of dispute. For Supervisory observations at consumer reporting companies, the report addresses Reasonable procedures to assure maximum possible accuracy; Duty to limit the furnishing of consumer reports to permissible purposes; Blocking information resulting from identity theft; and Dispute investigation.