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CFPB Settles with Nonbank Mortgage Originator for $4 Million | JD Supra
JD Supra· 1 day agoCFPB) announced that it has filed a proposed order that would require a Florida-based nonbank mortgage loan originator to pay a $3.95 million penalty for allegedly submitting ...
CFPB proposes $3.95M fine for Freedom Mortgage over false data accusations - HousingWire
HousingWire· 7 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· 7 days ago“The defendants ignored complaints and calls for help, and they let problems snowball into...
These student-loan borrowers qualify for debt cancellation through the government, but they're...
INSIDER via Yahoo News· 3 days agoIt stated that while Navient "carefully considers a variety of factors in determining whether a...
Fifth Circuit (again) rejects transfer of credit card late fee case to D.C. | JD Supra
JD Supra· 5 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 ...
Troutman Pepper Weekly Consumer Financial Services Newsletter - June 2024 # 3 | JD Supra
JD Supra· 6 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 ...
FTC goes after Adobe over early termination fee and making it hard to cancel
Consumer Affairs· 5 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 ...
Wall Street Journal: The cost of forgiving medical debt
The Bismarck Tribune· 5 days agoThe Biden administration is canceling student loans and easing mortgage payment terms. Now the...
‘Zombie’ Mortgages Are Back With a Vengeance to Haunt Homeowners
Modesto Bee· 4 days 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 ...
Short Circuit: A Roundup of Recent Federal Court Decisions
Reason.com· 4 days 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 ...