July 2026 Regulatory Update: CFPB Website Deletions, Interchange Fees, Immigration & ATR, and More

June 2026 brought significant regulatory movement across federal agencies and state governments — and several of the changes require immediate action from compliance teams. In this July Regulatory Brief, Robert Brosh, Jenna Zakarowitz, and Rebecca Tetro cover: CFPB website content removal — The Bureau has deleted thousands of pages of historical content, including all 35 supervisory highlights reports dating back to 2012. What's still available, what's been archived through the Wayback Machine, and what compliance teams should do right now to protect their programs. Consumer complaint database overhaul — Complaints have grown from 150,000 in 2019 to more than 5 million in 2025. The CFPB is implementing two-factor authentication, third-party identification requirements, and new response closure categories in response to concerns about abuse of the portal. CFPB guidance on ability to repay and immigration status — A new agency statement published June 8th clarifies that immigration status and ITIN use may be required factors in your ATR analysis for mortgage and credit card products, with specific policy review and documentation implications. ECOA special purpose credit program rescission — The CFPB rescinded its 2020 advisory opinion on SPCPs effective June 17th. Programs designed using that opinion as a framework — particularly any using protected class characteristics as eligibility factors — need to be evaluated against the April 2026 Reg B amendments now. Joint final rule on financial data standards — Effective October 1, 2026, a rule from all federal banking regulators and Treasury establishes the Legal Entity Identifier as the standard numeric identifier and requires ISO date formatting for regulatory submissions. New Jersey junk fees enforcement — New Jersey's Attorney General has issued an enforcement statement applying the Consumer Fraud Act to junk fee practices, signaling continued state-level scrutiny as federal enforcement pulls back. Illinois and Colorado interchange fee updates — Colorado's governor vetoed state interchange fee legislation. Illinois extended the IFPA implementation date to 2027, and a court ruling exempted national banks and out-of-state banks but not credit unions. NCUA interchange fee interim final rule — Effective June 30, 2026, NCUA clarified that federal credit unions have explicit authority to impose interchange fees and that conflicting state laws are preempted — though debit card coverage remains legally unsettled. NCUA vital records rule update (Part 749) — Effective July 16, 2026, the rule eliminates both appendices, tightens the definition of vital records, and relaxes log format requirements. If your program was built around Appendix A as if it were a mandate, a review is overdue. FDIC deposit insurance and disclosure proposals — Two late-breaking proposed rules would raise the small institution asset threshold from $10 billion to $30 billion and allow banks to share confidential supervisory information with affiliates, counsel, and vendors under a confidentiality agreement without prior FDIC approval. #regulatorycompliance #compliancesolutions #compliance #cfpb #FairLending #ECOA #amlcft #InterchangeFees #NCUA #fdic #JunkFees #regulatoryupdate #complianceofficer #communitybanking #CreditUnionCompliance #regtech #Ncontracts #financialinstitutions