Consumer Finance Enforcement Action Tracker | Q1 2024

BRG’s Financial Institution Advisory (FIA) practice is pleased to share its Consumer Finance Enforcement Action Tracker for Q1 2024. 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 Q2 2023 through Q1 2024 and the following:

• Summary of current actions
• Enforcement action trends
• Federal enforcement actions for Q2 2023 to Q1 2024:
  • Consumer Financial Protection Bureau (CFPB) other regulatory 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 Q2 2023 to Q1 2024:
  • State enforcement snapshot
  • State enforcement actions
  • State violation types and penalties
• Spotlight on Actions for Q1 2024

This edition of the tracker is also inclusive of Q2 2023 to Q1 2024 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
• Additional key states and territories: North Carolina, Washington, Oklahoma, South Carolina, and Puerto Rico

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