CFPB Unveils Exam Procedures For Credit Reporting Cos.

Law360, New York (September 6, 2012, 1:16 PM EDT) -- The federal government's consumer finance watchdog revealed Wednesday how its examiners will oversee credit bureaus and other consumer reporting companies, including the way they handle customer complaints, when they move under the agency's regulatory umbrella later this month.

The guidelines that the U.S. Consumer Financial Protection Bureau unveiled provide a detailed look at the types of information that its examiners will seek from the consumer credit reporting bureaus, which for the first time will come under strict oversight from a single federal regulator at the end...
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