On February 27, 2023, the CFPB issued a request for public comment regarding consumer disclosures of a loan that finances both a construction phase and the permanent purchase of a home. The proposal seeks to adjust the existing mortgage disclosures to facilitate the offering of construction and construction-to-permanent loans.

On February 16, 2023, the NCUA approved the final rule on cyber incident reporting requirements during its second open meeting of 2023. The final rule requires a federally insured credit union  (FICU) to notify the NCUA as soon as possible, within 72 hours, after it reasonably believes that a reportable cyber incident has occurred.

On February 16, 2023, the CFPB published a summary of its key findings after the Bureau requested information from the largest credit card companies in the U.S. regarding their practices around suppressing actual payment information from the nationwide consumer reporting system. These companies included JPMorgan Chase, Citibank, Bank of America, Capital One, Discover, and American Express.

On February 7, 2023, the OCC published the revised “Branch Closings” booklet of the Comptroller’s Licensing Manual. The revised booklet replaces the June 2017 version where the OCC  made corrections where necessary, and contains updated guidance.

On February 14, 2023, the Homeland Security Investigations (HSI) launched an awareness campaign to educate the public on dangers associated with online romance scams and how individuals can protect themselves and loved ones.