Search results
CFPB orders debt relief servicer to pay $400,000 for charging advanced fees | JD Supra
JD Supra· 5 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“It happened before and it could happen again.” The housing bubble that popped around 2006 was fueled in part by an explosion of lending to subprime...
US CFPB sues student loan servicer for illegal collections
WSAU Wausau· 3 days agoBy Jonathan Stempel (Reuters) -The U.S. Consumer Financial Protection Bureau sued the Pennsylvania...
Nutter Bank Report: May 2024 | JD Supra
JD Supra· 4 days agoThe Supreme Court has ruled that the statutory authorization that allows the CFPB to draw funds from the earnings of the Federal Reserve System does not violate the Appropriations ...
Texas judge again transfers lawsuit over card late fee rule to Washington, D.C.
Reuters· 6 days agoThe U.S. Consumer Financial Protection Bureau (CFPB) on Tuesday scored a jurisdictional victory when...
Transfer Redux: Once again, CFPB Late Fee litigation transferred from Texas to DC, transfer...
JD Supra· 4 days agoIn a replay of earlier events, in response to an emergency petition for writ of mandamus and administrative stay of transfer filed by the plaintiffs in the lawsuit challenging the legality of ...
CFPB Director Addresses Credit Report Fees Before the Mortgage Bankers Association | JD Supra
JD Supra· 7 days agoAs part of the CFPB’s crusade against junk fees, CFPB Director, Rohit Chopra addressed credit report fees in prepared remarks at the Mortgage Bankers Association ...
Banking and Consumer Regulatory Digest - May 2024 - 2 | JD Supra
JD Supra· 4 days agoOn May 10, 2024, a federal district judge in the Northern District of Texas granted a preliminary injunction that for now stays CFPB's rule capping most credit card late fees ...
What is a bad credit personal loan? Here’s what to know
Bankrate via AOL· 10 hours agoIs the lender reputable? The lender should be registered to do business in your state and have a...
CFPB sues online lending platform for alleged CFPA, FCRA violations | JD Supra
JD Supra· 4 days agoOn May 17, the CFPB announced a lawsuit against an online lending platform through which consumers could obtain small-dollar, short-term loans through a brokering arrangement ...
