On May 2, 2024, the HUD released a guidance that explains how  the Fair Housing Act (FHA) applies to the advertising of housing, credit, and other real estate-related transactions through digital platforms. The guidance aims to addresses the increasingly common use of automated systems, such as algorithmic processes and Artificial Intelligence (AI), to facilitate advertisement targeting and delivery.

On April 29, 2024, the FDIC revised parts of its Risk Management Manual of Examination Policies. The FDIC conducts examinations to help ensure the stability of insured depository institutions by identifying undue risks and weak risk management practices. 

On April 24, 2024, the CFPB published a report highlighting that overdraft/NSF Revenue in 2023 was down more than 50% versus pre-pandemic levels, saving consumers over $6 billion annually. This significant reduction in junk fees is attributed to the CFPB’s heightened its supervisory attention on overdraft and NSF fees in 2022.

On April 24, 2024, the CFPB published an edition of Supervisory Highlights describing the agency’s actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB found that servicers are charging illegal junk fees, such as prohibited property inspection fees; sending deceptive notices to homeowners; and violating loss mitigation rules that help struggling borrowers stay in their homes.

On April 8, 2024, the CFPB published an edition of Supervisory Highlights to share key findings from recent examinations about continuing accuracy problems in the credit reporting system. The CFPB found that consumer reporting companies failed to ensure the accuracy of credit reports and that furnishers failed to correct false or fraudulent information sent to consumer reporting companies.