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CFPB Files Lawsuit Against SoLo Funds for Alleged Deceptive Lending Practices | JD Supra
JD Supra· 5 days agoLast week, the Consumer Financial Protection Bureau (CFPB or Bureau) filed a complaint against SoLo Funds, Inc., a fintech company operating a small-dollar ...
JD Supra: Appraisal Bias Settlement: Potential Roadmap
JD Supra· 7 hours agoShane Lanham, 20/20 Valuations, LLC, and loanDepot.com, LLC, filed in Maryland District Court, that gained the attention of the CFPB and DOJ. While some of the terms in the ...
CFPB Brings Lawsuit Against FinTech Company for its Alleged Deceptive Practices and for Allegedly...
JD Supra· 6 days agoThe CFPB's complaint demands the following relief: a permanent injunction against the company from committing future violations of the Consumer Financial ...
CFPB Bites of the Month - May 2024 - CFPB: Light My Way, Virginia May | JD Supra
JD Supra· 3 days agoOn May 13, 2024, the CFPB and Federal Reserve Board ("FRB") jointly announced adjusted dollar amounts relating to the availability of customer funds. In 2019, the
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 7 days agoIn addition, if a consumer has concerns or questions about a reverse mortgage, a loan product, they...
What the CFPB’s Supreme Court Victory Means for Financial Institutions | JD Supra
JD Supra· 3 days agoUntil recently, the most popular topic of discussion in the financial services world has been the outcome of the Supreme Court case CFPB v. Community Financial Services Association ...
CFPB Orders Western Benefits Group to Cease Operations, Pay $400,000
PYMNTS.com· 6 days agoThe agency’s order also rescinds all the company’s existing agreements with consumers, the CFPB said...
More twists and turns in industry lawsuit challenging CFPB credit card late fee rule | JD Supra
JD Supra· 6 days agoAfter bouncing from the Texas federal district court to the D.C. federal district court to the Fifth Circuit and back again to the Texas federal district court, the industry lawsuit challenging ...
Consumer Financial Protection Bureau (CFPB) Sues Fintech SoLo Funds For "Deceiving" Borrowers |...
Crowdfund Insider· 6 days agoThe Consumer Financial Protection Bureau (CFPB) has sued the online lending platform SoLo Funds for claims the Fintech deceived borrowers about the total cost of loans. The ...
Nexus Services Inc. continues to be bludgeoned by courts, accused of playing 'shell game'
Gannett via AOL· 4 days agoCFPB) along with the states of Virginia, New York and Massachusetts. The 17-count CFPB lawsuit was filed in 2021 against Nexus, its subsidiary, Libre by ...