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CFPB issues warning on ‘fine-print tactics‘ used to ‘trick‘ consumers
HousingWire via Yahoo Finance· 16 hours agoOn Tuesday, the CFPB released a circular warning companies that use "fine-print tactics to trick...
CFPB: Lenders Must Stop Hiding Unlawful Terms in Fine Print
PYMNTS.com· 13 hours agoThe Consumer Financial Protection Bureau (CFPB) is warning businesses against hiding “unlawful or...
CFPB Launches Public Inquiry into Rising Mortgage Closing Costs and ‘Junk Fees’
The National Law Review· 11 hours agoThe Consumer Financial Protection Bureau (CFPB) has launched a public inquiry into rising mortgage closing costs, seeking to understand the reasons behind the increase, identify ...
CFPB creates registry to detect corporate repeat offenders
Retail Banker International via Yahoo Finance· 1 day agoThe Consumer Financial Protection Bureau (CFPB) has established a registry to detect and deter...
CFPB Issues Interpretive Rule Classifying BNPL Products as ‘Credit Cards’
The National Law Review· 1 day agoOn May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued a significant Interpretive...
When is a Disclaimer Not a Disclaimer?
The National Law Review· 11 hours agoThe Consumer Financial Protection Bureau (“CFPB”) released a circular attempting to address “Unlawful and unenforceable contract terms and conditions”. The circular states ...
CFPB, financial trades clash over wire transfer fraud liability - CUInsight
CUInsight.com· 13 hours agoProtection Bureau’s assertion that consumers who initiate a wire transfer made through their...
Open Banking Standards to Include Consumer Voice, CFPB Says (1)
Bloomberg Law· 6 hours agoA final rule published on the CFPB’s website late Tuesday and subsequently taken down said the agency will require each member of the standard-setting body, including consumer ...
CFPB Launches Directory Of Scofflaws, Establishes Repeat Offender Unit | Crowdfund Insider
Crowdfund Insider· 1 day agoThe Consumer Financial Protection Bureau (CFPB) is launching a new public directory to detect repeat...
CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
PYMNTS.com· 1 day agoThe Consumer Financial Protection Bureau (CFPB) issued a final rule to establish a registry of...