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CFPB proposes $3.95M fine for Freedom Mortgage over false data accusations - HousingWire
HousingWire· 2 days agoThe document states that the CFPB and Freedom Mortgage have agreed to enter into the proposal, with...
CFPB takes enforcement action against former HECM servicing contractor
HousingWire via Yahoo Finance· 2 days agoCFPB Director Rohit Chopra characterized the actions leading to the enforcement orders as stemming...
CFPB Seeks Permanent Enforcement – Will this Further its Repeat Offender Agenda? | JD Supra
JD Supra· 7 days agoOn May 31, 2024, the Consumer Financial Protection Bureau (CFPB) sued student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA)...
JD Supra: Supreme Court Upholds CFPB Funding Mechanism as Constitutional, Quelling Uncertainty and...
JD Supra· 4 days agoCFPB officials can breathe a sigh of relief as a contrary decision would have called into question many longstanding enforcement, investigative, and regulatory efforts. With ...
Fifth Circuit (again) rejects transfer of credit card late fee case to D.C. | JD Supra
JD Supra· 21 hours agoOn June 19, 2024, the Fifth Circuit dissolved the district court’s order transferring the case challenging the CFPB’s credit card late fee rule. In granting the writ of mandamus ...
Supreme Court To Enter Into Judgment Upholding CFPB Rule
National Mortgage Professional· 4 days agoA long-awaited regulation protecting consumers from loan sharks will likely be put in place early...
... Fees, Applauds Biden Administration and Consumer Financial Protection Bureau (CFPB) for Tackling...
Sierra Sun Times· 4 days agoLast month, the CFPB launched a public inquiry into junk fees in mortgage closing costs that disproportionately hurt lower-income, first-time, and Black and Hispanic homebuyers ...
Money & the Law: Agency targets 'buy now, pay later' transactions
Colorado Springs Gazette· 5 days agoFor the last few years, the federal Consumer Financial Protection Bureau (CFPB) has been looking...
Troutman Pepper Weekly Consumer Financial Services Newsletter - June 2024 # 3 | JD Supra
JD Supra· 2 days agoOn June 14, the Consumer Financial Protection Bureau (CFPB) announced that its so-called “Payday, Vehicle Title and Certain High-Cost Installment Loans” rule (Rule) will go ...
Opinion: The credit reporting system shouldn’t punish Americans for getting sick
CNN via Yahoo Finance· 4 days agoThe credit reporting market’s oligopoly gives them little incentive to treat consumers fairly. When...