Is the CFPB a good place to work?

Is the CFPB a good place to work?

Consumer Financial Protection Bureau has an overall rating of 3.7 out of 5, based on over 162 reviews left anonymously by employees. Employees also rated Consumer Financial Protection Bureau 4.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

What is it like to work at CFPB?

Great Work enviornment The people I worked with at CFPB were dedicated and the environment was very conducive to my learning. I was lucky enough to work when the CFPB was making great headway in improving the lives of consumers. It was a start-up environment with all hands on deck and great flexibility.

What does the CFPB do?

The Consumer Financial Protection Bureau is a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.

What is a requirement of the CFPB?

The Act requires lenders, mortgage brokers, or servicers of home loans to provide borrowers with pertinent and timely disclosures regarding the nature and costs of the real estate settlement process. The Act also prohibits specific practices, such as kickbacks, and places limitations upon the use of escrow accounts.

What is the difference between FTC and CFPB?

With respect to specific federal consumer financial laws such as the Truth In Lending Act, the FTC no longer has enforcement authority. The CFPB is allowed to enforce FTC rules that rely upon the FTC’s authority to regulate unfair or deceptive acts or practices, and vice versa.

What happens if company doesnt respond to CFPB?

Untimely response: If the company does not meet the 15-day deadline to respond to a complaint, the CFPB will mark it as “untimely.” Consumer feedback: Consumers can report their dissatisfaction with a company’s response to the Bureau.

Who regulates the CFPB?

The Bureau of Consumer Financial Protection (CFPB) is an independent bureau within the Federal Reserve System that empowers consumers with the information they need to make financial decisions in the best interests of them and their families.

What is the CD mailbox rule?

“Mailbox” delivery rule: states that the CD must be mailed to consumer at least 6 business days prior to consumma on.