CFPB cracks down on auto lenders for using misleading ads and charging bogus fees
The agency is going after illegal practices in auto finance, including fees for nonexistent services, and wrongly repossessed ...
American Banker1d
CFPB's open banking rule: Four things to watch on 1033
The final rule on open banking is expected to be issued any day now by the Consumer Financial Protection Bureau. Banks have ...
Supreme Court declines to hear challenge of the Consumer Product Safety Commission’s structure
The Supreme Court declined Monday to hear an appeal challenging the structure of the Consumer Product Safety Commission, the ...
Don't waste your time (or money) on credit repair: Clean up your credit for free in 5 simple steps
While credit repair companies often claim they can "erase" bad credit or boost your scores, claims like these can be both ...
JD Supra1h
DOJ, CFPB file complaint, propose order against mortgage company for alleged redlining
On October 15, the CFPB and DOJ announced an enforcement action against a mortgage company, alleging it engaged in redlining against ...
American Banker6dOpinion
CFPB has become the regulatory nightmare Republicans always feared
More than a decade ago, a senator from Alabama warned that the Consumer Financial Protection Bureau would grow into an ...
Crowdfund Insider1d
CFPB BNPL Interpretive Rule Slammed by Financial Technology Association
The Financial Technology Association (FTA) this week spoke out against the Consumer Financial Protection Bureau’s (CFPB) ...
manilatimes5d
As the CFPB tightens restrictions on medical debt collections, Navicore Solutions provides invaluable resources to consumers affected by medical debt
The CFPB is focusing on the regulation of third-party medical debt collection companies, the enforcement of the 'No Surprises ...
CFPB Buy Now, Pay Later Rule Hit With Fintech Group Lawsuit (1)
A financial technology trade group representing buy now, pay later providers such as Block Inc. and Klarna Bank AB is suing ...
JD Supra3d
CFPB and DOJ "Combating Redlining Initiative" Finds National Mortgage Company in the Crosshairs for Alleged Lending Discrimination
On October 15, 2024, the CFPB and DOJ filed a complaint and proposed consent order against the Company, alleging violations ...
MyChesCo on MSN2h
Federal Agencies Hold Fairway Mortgage Accountable for Discriminatory Lending Practices
The Consumer Financial Protection Bureau (CFPB) and the Justice Department (DOJ) have taken significant action against ...
New attack on CFPB runs into early trouble in Texas
In its bid to toss the case, Active Network argued that the Supreme Court ruled that the bureau’s funding mechanism “is constitutional only so long as the Federal Reserve recognizes a surplus to fund ...