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CFPB Compensates Victims Of Phantom Loan Scheme
National Mortgage Professional· 7 days agoThe Consumer Financial Protection Bureau (CFPB) is cracking down on financial institutions attempting to collect phantom debt from borrowers that is old,...
CFPB Considering Increased Regulation of Credit Card Rewards Programs | JD Supra
JD Supra· 2 days agoOn May 9, 2024, the CFPB released a comprehensive report detailing its findings on challenges reported by consumers regarding their credit card rewards programs. This report ...
US Supreme Court Holds that the CFPB's Funding Structure Is Constitutional | JD Supra
JD Supra· 2 days agoOn 16 May 2024, in a much-anticipated decision, the US Supreme Court held the funding mechanism for the Consumer Financial Protection Bureau (CFPB) is constitutional. The ...
CFPB Supreme Court Decision Shifts Focus to Technology’s Impact on Consumer Finance
PYMNTS.com· 2 days agoThe Consumer Financial Protection Bureau (CFPB) has been validated in the aftermath of last week’s...
Former CFPB Director Kraninger calls out the CFPB for manipulating data to serve a partisan agenda |...
JD Supra· 5 days agoFlorida Bankers Association President and CEO and former Director of the Consumer Financial Protection Bureau (CFPB) Kathy Kraninger wrote an editorial in the May 14, 2024 ...
Vindicated by Court, CFPB Director Chopra says bureau will add staff, consider new rules on banks
Associated Press via Yahoo Finance· 5 days agoThe opinion reversed a lower court's ruling and drew praise from consumer advocates, as well as some...
SCOTUS Upholds CFPB Funding Mechanism | JD Supra
JD Supra· 2 days agoIn a landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is constitutionally sound, as it does ...
More twists and turns in industry lawsuit challenging CFPB credit card late fee rule | JD Supra
JD Supra· 1 day 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· 2 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 ...
CFPB closes down and fines Western Benefits $400,000 for swindling student borrowers
Retail Banker International via Yahoo Finance· 2 days agoThe Consumer Financial Protection Bureau (CFPB) has ordered Western Benefits to permanently cease...