In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
Cases involving accusations of redlining, kickbacks, underpaid employees and more swept across the mortgage industry in ...
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer ...
The bureau recently published a report about home equity investments, and it filed an amicus brief with a court to state its ...
Sen. Tim Scott said he has asked the White House to fire director Rohit Chopra, but there are roadblocks to appointing an ...
The CFPB also said it sued Jason Mitchell ... third of consumers with a loan application already in progress with Rocket Mortgage, before contacting Rocket Homes, chose to close with a different ...
the CFPB said. Its investigation found the company gave referrals and other incentives to brokerages under an agreement that they would refer real-estate settlement business to Rocket Mortgage and ...
including Rocket affiliates Amrock and Rocket Mortgage, according to the CFPB. "Rocket engaged in a kickback scheme that discouraged home-buyers from comparison shopping and getting the best deal ...
Rocket Mortgage, and three of the largest banks — Bank of America, JPMorgan Chase and Wells Fargo. The timing of the lawsuit against Zelle, filed just before Christmas, sparked a backlash by banks ...
CFPB charges Draper & Kramer with redlining and discriminatory lending in Chicago and Boston, proposing a 5-year ban and $1.5 million penalty.