The CFPB’s recently-issued request for information takes aim at what the CFPB labels “junk fees” charged by consumer financial services providers.  We discuss the types of fees targeted in the RFI, particularly fees related to deposit accounts and mortgages, and the impact of existing regulatory requirements on the CFPB’s initiative.  We also examine the CFPB’s

The CFPB has published a “Request for Information Regarding Fees Imposed by Providers of Consumer Financial Products or Services.”  Comments on the RFI must be submitted by March 31, 2022.

On February 17, 2022, from 2:30 p.m. to 3:30 p.m. ET, Ballard Spahr will hold a webinar, “The CFPB’s Inquiry into “Junk Fees”: