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US financial watchdog announces registry of nonbank corporate offenders By Reuters
Investing.com· 35 minutes ago"Too many American families and businesses have been harmed by repeat offenders in a rinse repeat...
CFPB orders debt relief servicer to pay $400,000 for charging advanced fees | JD Supra
JD Supra· 4 days agoThe CFPB alleged the violations began in January 2016 and ordered a civil money penalty of $400,000. Specifically, the CFPB found the company harmed 5,970 ...
Zero-down mortgages are making a comeback
CNN Business via AOL· 4 days ago‘Read the fine print’ Anneliese Lederer, senior policy counsel at the Center for Responsible Lending, said it’s crucial for homeowners considering the...
US CFPB sues student loan servicer for illegal collections By Reuters
Investing.com· 3 days agoIn a complaint filed on Friday, the CFPB said the defendant, which operates as American Education...
FTC provides annual report to CFPB regarding activities in 2023 under consumer financial services...
JD Supra· 4 days agoOn May 20, 2004, the Federal Trade Commission (“FTC”) sent its annual report to the Consumer Financial Protection Bureau (“CFPB”) highlighting its enforcement actions and ...
JD Supra: Stay ADvised: 2024, Issue 9
JD Supra· 1 day agoEndorsements: Love them or hate them (and social media does love them so), they are subject to ever-increasing regulatory scrutiny, and compliance isn't that cut and dried. Endorsements, when ...
New consumer rule enhances protections for "buy now, pay later"
KOAM· 6 days agoAccording to the Better Business Bureau (BBB), "buy now, pay later" is a service that some retailers...
Wells Fargo CEO Charlie Scharf: Regulators Restricting Corporate Lending Business
PYMNTS.com· 5 days agoWells Fargo CEO Charlie Scharf reportedly told investors Wednesday (May 29) that the bank could be...
Wireless Roundup (June 2024) | JD Supra
JD Supra· 11 hours agoFCC Welcomes Comment on Mechanisms to Implement Multilingual Wireless Emergency Alerts (WEA): In this Public Notice, the Federal Communications...