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Chopra remarks on how less credit reporting competition may lead to higher mortgage costs | JD Supra
JD Supra· 7 days agoOn May 20, CFPB Director, Rohit Chopra, delivered a speech at a trade association event addressing the rising costs in the mortgage lending ...
CFPB issues warning on ‘fine-print tactics‘ used to ‘trick‘ consumers
HousingWire via Yahoo Finance· 13 hours agoOn Tuesday, the CFPB released a circular warning companies that use "fine-print tactics to trick...
A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances...
Business Insider via Yahoo News· 5 days agoAct, the lawsuit said. The CFPB is requesting that the court require PHEAA to provide relief to...
Open Banking Standards to Include Consumer Voice, CFPB Says (1)
Bloomberg Law· 4 hours agoA final rule published on the CFPB’s website late Tuesday and subsequently taken down said the agency will require each member of the standard-setting body, including consumer ...
CFPB: Lenders Must Stop Hiding Unlawful Terms in Fine Print
PYMNTS.com· 10 hours agoThe Consumer Financial Protection Bureau (CFPB) is warning businesses against hiding “unlawful or...
CFPB Launches Public Inquiry into Rising Mortgage Closing Costs and ‘Junk Fees’
The National Law Review· 8 hours agoThe Consumer Financial Protection Bureau (CFPB) has launched a public inquiry into rising mortgage closing costs, seeking to understand the reasons behind the increase, identify ...
CFPB creates registry to detect corporate repeat offenders
Retail Banker International via Yahoo Finance· 1 day ago“Too often, financial firms treat penalties for illegal activity as the cost of doing business,”...
Consumer protection agency goes after ‘repeat offenders’
The Hill· 1 day ago“Too often, financial firms treat penalties for illegal activity as the cost of doing business,” ...
CFPB to require nonbanks to register outside enforcement orders
Compliance Week· 1 day agoThe rule mandates nonbank financial companies register with the bureau when they become subject to a “written order imposing obligations based on violations of certain consumer protection laws ...
CFPB Launches Directory Of Scofflaws, Establishes Repeat Offender Unit | Crowdfund Insider
Crowdfund Insider· 1 day agoThe Consumer Financial Protection Bureau (CFPB) is launching a new public directory to detect repeat...