CFPB cracks down on auto lenders for using misleading ads and charging bogus fees
The agency is going after illegal practices in auto finance, including fees for nonexistent services, and wrongly repossessed ...
American Banker1h
CFPB's 1033 open banking final rule gives banks relief on liability
The Consumer Financial Protection Bureau expanded the scope of the 1033 rule to include payment apps, and CFPB Director Rohit ...
Fairway Independent Mortgage Responds to CFPB and Justice Department Announcement
Fairway Independent Mortgage Corporation, named #1 for customer satisfaction among mortgage origination companies in the J.D.
American Banker2d
CFPB's open banking rule: Four things to watch on 1033
The final rule on open banking is expected to be issued any day now by the Consumer Financial Protection Bureau. Banks have ...
Crowdfund Insider2d
CFPB BNPL Interpretive Rule Slammed by Financial Technology Association
The Financial Technology Association (FTA) this week spoke out against the Consumer Financial Protection Bureau’s (CFPB) ...
JD Supra5d
CFPB Issues Auto Finance Supervisory Highlights Sharing Marketing, Servicing, and Add-on Findings
A new “Auto Finance Special Edition” of the Consumer Financial Protection Bureau’s (CFPB or Bureau) Supervisory Highlights ...
Supreme Court declines to hear challenge of the Consumer Product Safety Commission’s structure
The Supreme Court declined Monday to hear an appeal challenging the structure of the Consumer Product Safety Commission, the ...
JD Supra4d
CFPB and DOJ "Combating Redlining Initiative" Finds National Mortgage Company in the Crosshairs for Alleged Lending Discrimination
On October 15, 2024, the CFPB and DOJ filed a complaint and proposed consent order against the Company, alleging violations ...
As the CFPB tightens restrictions on medical debt collections, Navicore Solutions provides invaluable resources to consumers affected by medical debt
Approximately 14 million people (6% of adults) in the U.S. owe over $1,000 in medical debt according to health policy ...
CFPB Buy Now, Pay Later Rule Hit With Fintech Group Lawsuit (1)
A financial technology trade group representing buy now, pay later providers such as Block Inc. and Klarna Bank AB is suing ...
New attack on CFPB runs into early trouble in Texas
In its bid to toss the case, Active Network argued that the Supreme Court ruled that the bureau’s funding mechanism “is constitutional only so long as the Federal Reserve recognizes a surplus to fund ...
nationalmortgageprofessional.com5d
CFPB, DOJ Flag Fairway Independent For Redlining
Fairway Independent Mortgage Corp. (Fairway) settled yesterday with the Consumer Financial Protection Bureau (CFPB) and the U ...