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Student loan servicer illegally collecting on debt that was discharged in bankruptcy, CFPB alleges
Market Watch· 2 hours ago“It is a problem and it’s also a difficult thing for individual consumers and attorneys to really...
A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances...
Business Insider via Yahoo News· 5 hours agoRohit Chopra, director of the Consumer Financial Protection Bureau (CFPB).Michael A. McCoy/Getty...
CFPB Sues PHEAA, Alleging Illegal Collections on Student Loans
PYMNTS.com· 4 hours agoThe Consumer Financial Protection Bureau (CFPB) has sued student loan servicer Pennsylvania Higher...
US CFPB sues student loan servicer for illegal collections By Reuters
Investing.com· 5 hours agoIn a complaint filed on Friday, the CFPB said the defendant, which operates as American Education...
CFPB Subjects Certain BNPL Products to Credit Card Requirements | JD Supra
JD Supra· 14 hours agoOn May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule indicating that certain Buy Now, Pay Later (BNPL) products are subject to certain ...
CFPB Hits Student Loan Servicer Over Bankruptcy-Discharged Loans
Bloomberg Law· 2 hours agoThe CFPB filed a suit Friday in the US District Court for the Middle District of Pennsylvania seeking a permanent injunction against the Pennsylvania Higher Education Assistance ...
Nutter Bank Report: May 2024 | JD Supra
JD Supra· 14 hours 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 ...
Americans paid nearly $6,000 in junk fees to mortgage companies in one year. The federal government...
Market Watch· 11 hours ago“Junk fees and excessive closing costs can drain down payments and push up monthly mortgage costs,”...
CFPB To Probe Home Sale Closing Costs
Investopedia· 2 days agoBuyers are faced "dozens" of fees in a typical home closing, leading to added expenses that are hard to get around, the CFPB said. Should the CFPB's...
CFPB Releases RFI on Mortgage Closing Costs | JD Supra
JD Supra· 14 hours agoThe seven-page RFI provided nine questions about the impact of closing costs, and how they relate to borrowers and the mortgage market. The RFI follows CFPB’s March blog post ...
