Consumer Finance Enforcement Action Tracker | Q3 2023

BRG’s Financial Institution Advisory (FIA) practice is pleased to share its Consumer Finance Enforcement Action Tracker for Q3 2023. This tracker provides insight into current trends in regulatory and state enforcement actions and uses those actions to support institutions in initiating risk mitigation steps.

This edition includes data from Q4 2022 through Q3 2023 and the following:

• Summary of current actions
• Enforcement action trends
• Federal enforcement action for Q4 2022 to Q3 2023:
  • Consumer Financial Protection Bureau (CFPB) other regulatory enforcement action trends
  • Federal regulatory enforcement actions
  • Federal borrower restitution and penalties by violation types
  • Federal product types and processes
  • Federal regulatory trends
• State enforcement actions for Q4 2022 to Q3 2023:
  • State enforcement snapshot
  • State enforcement actions
  • State violation types and penalties
• Spotlight on Actions for Q4 2022 to Q3 2023

This edition of the tracker is also inclusive of Q4 2022 to Q3 2023 data for:

• Department of Justice (DOJ)
• Federal Deposit Insurance Corporation (FDIC)
• Federal Reserve Board (FRB)
• Office of the Comptroller of the Currency (OCC)
• Ten key states: California, Florida, Illinois, Maryland, Massachusetts, New York, Oregon, Pennsylvania, Tennessee, and Texas

All data provided in this tracker is published publicly but not always readily available; we have consolidated the data here to be easily accessible and quickly utilized.