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CFPB orders Bank of America to pay $12M for submitting false mortgage data
HousingWire via Yahoo Finance· 7 months agoThe Consumer Financial Protection Bureau (CFPB) imposed a $12 million penalty on Bank of America...
CFPB’s Recommendation for ‘Consumer Participation’ With Bureaus Demands Alternative Data
PYMNTS via Yahoo Finance· 1 year agoEach year, the Consumer Financial Protection Bureau issues a report on TransUnion, Equifax and...
House votes to repeal CFPB small-business data collection rule
Banking Dive via Yahoo Finance· 6 months agoThe Republican-led chamber voted 221-202 to repeal the CFPB small-business data collection rule....
BNPL: CFPB acts to ensure consumers can dispute charges and obtain refunds
Retail Banker International via Yahoo Finance· 4 weeks agoThe Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule confirming that BNPL...
The reverse mortgage lenders with the most consumer complaints in 2023
HousingWire via Yahoo Finance· 5 months agoThere were a total of 361 consumer complaints submitted to the Consumer Financial Protection Bureau...
CFPB agrees to $6M settlement over alleged employee discrimination
HW Media via Yahoo Finance· 9 months agoThe Consumer Financial Protection Bureau (CFPB) has settled a class action suit first brought...
Opinion: The credit reporting system shouldn’t punish Americans for getting sick
CNN via Yahoo Finance· 16 hours agoEditor’s Note: Rohit Chopra is director of the Consumer Financial Protection Bureau. The views...
Credit reporting firms should fix practices amid consumer complaints- U.S. watchdog
Reuters via Yahoo Finance· 1 year agoThe U.S. Consumer Financial Protection Bureau (CFPB) on Tuesday recommended that Experian, Equifax...
CFPB sues SoLo Funds, alleging it concealed costs from borrowers
Banking Dive via Yahoo Finance· 4 weeks agoThe fintech's tip structure inflates the APR on loans, but most loans aren't funded unless a tip is...
Supreme Court to decide consumer watchdog agency's funding. What to know about CFPB case.
USA TODAY via Yahoo Finance· 1 year agoThe Supreme Court's decision to consider the constitutionality of the way the Consumer Financial...