Finance companies and trade associations might not always agree with the mandates from the Federal Trade Commission and Consumer Financial Protection Bureau, but the two regulatory agencies announced they plan to continue to work in tandem.

This week, the FTC and CFPB reauthorized their ongoing memorandum of understanding. The regulators explained the memorandum outlines the working relationship between the two agencies under the terms of the Consumer Financial Protection Act, and is designed to coordinate efforts to protect consumers and avoid duplication of federal law enforcement and regulatory efforts.

The memorandum was reauthorized for a three-year term. The FTC vote approving the reauthorization was 5-0.

Coinciding with this reauthorization, the CFPB released its latest supervision report highlighting legal violations uncovered by the bureau’s examiners.

The bureau found deceptive student loan debt collection practices, unfair and deceptive overdraft practices, mortgage origination violations, fair lending violations, and mishandled disputes by consumer reporting agencies.

The report also showed that CFPB supervisory resolutions resulted in remediation of $19.4 million to more than 92,000 consumers.

“We are sharing our latest supervisory highlights report with the public so that industry can see trends, examine their own practices, and be proactive to make needed changes before consumers are hurt,” CFPB director Richard Cordray said.

“The CFPB will continue to monitor both bank and nonbank markets to ensure deception is rooted out, deficiencies are corrected, remediation is given to consumers, and violations are stopped in their tracks.”

The complete report is available here.