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A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances...
Business Insider via Yahoo News· 5 days agoRohit Chopra, director of the Consumer Financial Protection Bureau (CFPB).Michael A. McCoy/Getty...
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...
Mortgage 'junk fees' can add nearly $6,000 to the cost of buying a home. The Biden administration...
Morningstar· 5 days agoThe Consumer Financial Protection Bureau said Thursday it's launching a public inquiry into "junk fees" that the agency says are increasing mortgage closing costs. "Junk fees and excessive closing ...
CFPB Hits Student Loan Servicer Over Bankruptcy-Discharged Loans
Bloomberg Law· 5 days agoA major student loan servicer is facing an enforcement action from the Consumer Financial Protection Bureau alleging it falsely reported students’ debt to consumer credit reporting companies ...
Is Pete Buttigieg Doing a Good Job?
New York Magazine· 7 days agoThe day I met Pete Buttigieg in his Washington, D.C., office in April, his morning had begun with an NPR interview conducted out of a van parked outside...
Consumer watchdog creates corporate ‘repeat offender’ registry
The Hill via Yahoo Finance· 2 days agoThe federal government’s top consumer watchdog is establishing a registry to track companies and...
CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
PYMNTS.com· 1 day agoThe registry is meant to help law enforcement across the United States identify and stop repeat...
Student loan debt: New lawsuit filed on behalf of borrowers
Newsweek· 4 days agoOn Friday, the Consumer Financial Protection Bureau (CFPB) filed a new lawsuit against the...
Open Banking Standards to Include Consumer Voice, CFPB Says (1)
Bloomberg Law· 7 hours agoIndustry bodies seeking to set standards for consumers to share their banking data will have to include consumer advocates and small companies alongside banks and larger financial firms in their ...
Consumer Bureau to Create ‘Corporate Offender’ Registry
New York Times· 2 days agoThe goal, the consumer bureau said, is to make it easier for consumers, watchdogs and government...