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CFPB proposes $3.95M fine for Freedom Mortgage over false data accusations - HousingWire
HousingWire· 3 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· 3 days ago“The defendants ignored complaints and calls for help, and they let problems snowball into...
JD Supra: Supreme Court Upholds CFPB Funding Mechanism as Constitutional, Quelling Uncertainty and...
JD Supra· 5 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· 2 days 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 ...
‘Zombie’ Mortgages Are Back With a Vengeance to Haunt Homeowners
Modesto Bee· 9 hours agoMotivated by recent gains in home values, debt collectors are coming after old, unpaid mortgages — and your braaains. As if paying for a mortgage today weren’t hard enough, some homeowners are ...
FTC goes after Adobe over early termination fee and making it hard to cancel
Consumer Affairs· 2 days agoAdobe and two of its executives are under investigation by the FTC for alledgedly deceiving consumers by hiding the early termination fee for its most popular subscription plan and making it ...
Troutman Pepper Weekly Consumer Financial Services Newsletter - June 2024 # 3 | JD Supra
JD Supra· 3 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
CNN.com· 4 days agoEditor’s Note: Rohit Chopra is director of the Consumer Financial Protection Bureau. Millions of...
Short Circuit: A Roundup of Recent Federal Court Decisions
Reason.com· 3 hours agoPlease enjoy the latest edition of Short Circuit, a weekly feature written by a bunch of people at the Institute for Justice. Friends, it is very bad and wrong for gov't officials to arrest ...
Sarasota small business out $10,000 after crook accessed bank account
WFLA via Yahoo News· 4 days agoTAMPA, Fla. (WFLA) — Joyce and Stan Fox run a promotional products business out of their Sarasota...