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AMERICAN FINANCIAL SERVICES ASSOCIATION CONSUMER MORTGAGE COALITION May 12, 2014, The Honorable Richard Cor dray Director Consumer Financial Protection Bureau 1700 G Street, N.W. Washington, D.C.
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The Bureau of Consumer Financial Protection (CFPB) is a U.S. government agency responsible for protecting consumers in the financial sector by enforcing federal consumer financial laws.
Entities that are subject to federal consumer financial laws, such as banks, credit unions, and other financial institutions, are required to report to the Bureau.
Filling out the Bureau of Consumer Financial requires providing specific information and data according to the guidelines set by the CFPB, which can typically be completed through their online portal or designated forms.
The purpose of the Bureau of Consumer Financial Protection is to ensure consumers are treated fairly by financial institutions, to promote transparency, and to prevent abusive practices in the financial marketplace.
Entities must report consumer complaint data, compliance with consumer protections, and other relevant financial practices that affect consumers.
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