Nessa Feddis

March 01, 2023

Check fraud is again on the rise, in part fueled by fraudsters who increasingly steal checks from U.S Postal Service mailboxes and offices, and even Postal Service workers and, after counterfeiting or washing and altering them, deposit them using remote deposit capture (through a mobile phone or an ATM) which makes alterations, counterfeits, and forgeries more difficult for banks to detect.

October 27, 2022

Our letter discusses some of the scams banks and their customers are experiencing, steps banks take to prevent scams and other fraud, and the significant banking industry efforts to educate customers about how to avoid being a victim of fraud.

August 29, 2022

ABA appreciates the Board's efforts to complete implementation of the Act so that banks and other market participants can continue moving forward expeditiously to complete the transition from LIBOR and, in particular, to realize the benefits of the Act's provisions to address "tough legacy" contracts. To further that goal, ABA recommends that the Board address three additional points, described in the letter.

May 09, 2022

We agree that blocking adverse information in consumer reports that is a result of trafficking is an important way to help victims establish independence and financial stability and escape their abusers. It is also important, however, to balance this goal with ensuring that information in consumer reports is reliable and accurate.

April 21, 2022

The Bureau has published for comment a proposal to implement §6102 of the 2022 NDAA which amended the FCRA to prohibit consumer reporting agencies (CRA) from furnishing a consumer report containing any adverse item of information concerning a consumer that resulted from a severe form of trafficking in persons or sex trafficking if the consumer has provided trafficking documentation to the CRA.

January 13, 2022

Pursuant to 611(e)(5) of the Fair Credit Reporting Act, the CFPB released its report summarizing information it gathered regarding certain consumer complaints transmitted by the CFPB to the three largest nationwide consumer reporting agencies - Equifax, Experian, and TransUnion.

February 22, 2021

Interest Rate Caps Will Reduce Credit for Millions of Consumers

October 27, 2020

ABA's letter covers six topics: (I) Access and Availability, (II) Rewards, (III) Essential Market Practices and the Risks of Overregulation, (IV) Disclosures and E-SIGN, (V) Banking Industry Response To COVID-19, and (VI) Credit Reporting. Pursuant to the Bureau's request, we have listed the relevant questions from the Request for Information in each section.

March 12, 2020

H.R. 5050 Will Reduce Credit for Millions of Consumers

March 09, 2020

On Feb. 28, 2020, the Department of Defense published in the Federal Register its withdrawal of Question and Answer 2 (Q&A2) to its amended Interpretive Rule to its Military Lending Act Rule.

February 13, 2020

ABA summary of the bills as marked up by the House Financial Services Committee July 11, 2019.

December 17, 2019

ABA summary of the CFPB's Fall 2019 Supervisory Highlights related to FCRA and Regulation V.

August 27, 2019

ABA issued a summary on the 9th Circuit's ruling in a Fair Credit Reporting Act case involving a dispute sent by a credit repair organization to a credit reporting agency on behalf of a consumer.

July 15, 2019

July 03, 2019

May 01, 2019

December 07, 2015

The American Bankers Association appreciates the opportunity to comment on the Federal Deposit Insurance Corporation's (FDIC) Paperwork Reduction Act request for approval of its proposed 'Small Business Lending Survey (Survey).'

February 19, 2013

Re: Notice and request for information regarding the credit card market; Section 502(a) of the Credit Card Accountability Responsibility and Disclosure Act of 2009; Docket No. CFPB‐2012‐0048; 77 FR 75410 (December 20, 2012)

August 04, 2011

ABA's summary of the Credit Scores Final Rule.

November 08, 2010