Who enforces Regulation Z?

Regulation Z, which implements the Truth in Lending Act, is primarily enforced by the Consumer Financial Protection Bureau (CFPB). The purpose of Regulation Z is to ensure that consumers receive clear and accurate information about the costs of credit, allowing them to make informed decisions. The CFPB is designated to oversee compliance with consumer financial protection laws, including Regulation Z, providing enforcement and guidance to lenders and financial institutions.

The Federal Trade Commission (FTC) does play a role in consumer protection by regulating unfair and deceptive practices, but it is not the primary agency responsible for enforcing Regulation Z. The Department of Housing and Urban Development (HUD) is primarily involved in issues related to housing and urban development, and while it oversees certain housing-related laws, it does not enforce Regulation Z. State Real Estate Boards regulate real estate practices at the state level, but they do not have jurisdiction over federal regulations like Regulation Z.

Therefore, the most accurate answer regarding who enforces Regulation Z is the Consumer Financial Protection Bureau.