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Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule to establish a public registry of supervised nonbanks’ terms and conditions in “take it or leave it” form contracts that claim to waive or limit consumer rights and protections, like bankruptcy rights, liability amounts, or complaint rights.
The Consumer Financial Protection Bureau has reached a settlement in its lawsuit against law firm Forster & Garbus, LLP for illegal debt-collection practices.
The CFPB and the New York State Office of the Attorney General sued a predatory auto lender, Credit Acceptance Corporation, for misrepresenting the cost of credit and tricking its customers into high-cost loans on used cars.
Today, the Consumer Financial Protection Bureau (CFPB) released an annual report that details improvements and deficiencies in the nationwide consumer reporting companies’ responses to consumer complaints transmitted by the CFPB.
Today, the CFPB issued an order against Servicio UniTeller, an international remittance company, for multiple violations of the requirements governing electronic money transfers, including failing to refund customers after the company made money transfer errors.
Today, CFPB released a new Making Ends Meet report covering the financial health of American households.
CFPB is ordering Wells Fargo Bank to pay more than $2 billion in redress to consumers and a $1.7 billion civil penalty for legal violations across several of its largest product lines.
Today, the CFPB is ordering Wells Fargo to pay more than $2 billion in redress to over 16 million consumers and a $1.7 billion civil penalty for widespread illegal activity across its major product lines for which it has never been held to account.
CFPB Director Chopra’s statement on FSOC’s 2022 Annual Report.
The prepared statement of CFPB Director Rohit Chopra before the House Committee on Financial Services on December 14, 2022.
The prepared statement of CFPB Director Rohit Chopra before the Senate Committee on Banking, Housing, and Urban Affairs on December 14, 2022.
CFPB and FHFA release updated data from the National Survey of Mortgage Originations for public use.
CFPB Director Chopra’s statement on the living wills submitted by certain large foreign banks.
Today, the FDIC Board of Directors is voting to propose enhancements to its rules relating to FDIC sign and advertising requirements, as well as misrepresentations related to deposit insurance. I support these proposals.
Today, the CFPB proposed requiring certain nonbank financial firms to register with the CFPB when they become subject to certain local, state, or federal consumer financial protection agency or court orders.
Today, the Consumer Financial Protection Bureau (CFPB) released research revealing that Reserve and National Guard members called to active duty are paying an extra $9 million in interest every year because they are not always receiving the benefit of their right to rate reductions under the Servicemembers Civil Relief Act.
Today, the Consumer Financial Protection Bureau (CFPB) took action against Loan Doctor to resolve the CFPB’s claims that the company and its founder, Edgar Radjabli, broke the law by deceiving consumers into thinking they were depositing funds into a guaranteed return savings product within a commercial bank.
CFPB and New York Attorney General Take Action Against Companies that Cheated 9/11 Victims.
CFPB Director Rohit Chopra’s statement on the Living Wills Submitted by JPMorgan Chase, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, State Street, and Bank of New York Mellon.
Company wrongly charged fees and inaccurately reported homeowner credit information despite pandemic-era housing protections.
CFPB Director Chopra’s remarks, as prepared for delivery, at a meeting of the Financial Literacy and Education Commission.
Agency examiners find legal violations across consumer financial products and services.
Today, the Consumer Financial Protection Bureau (CFPB) issued two reports on the tenant background check industry.
When consumer reporting companies and furnishers fail to investigate disputed information, consumers are left paying higher interest rates and face greater difficulty finding housing, employment.
“Pig butchering” and other scams lead list of crypto-asset complaints.