Newsroom
RPM CEO Erwin Robert Hirt to Pay Additional $1 Million Civil Penalty Today, the Bureau filed a complaint in federal district court against RPM Mortgage...
Court Enters Judgment Against the Hoffman Law Group and Affiliates for Deceiving Consumers and Collecting Illegal Advance Fees; Individuals Involved to...
Harmed African-American and Hispanic Borrowers Will Receive $9 Million Today, the Bureau and the Department of Justice (DOJ) filed a joint complaint against...
Thank you for joining us on this call. Today, the Bureau is filing a complaint and a proposed consent order against PayPal for illegally signing up and...
PayPal to Refund $15 Million to Consumers and Pay $10 Million Fine Today the Bureau filed a complaint and proposed consent order in federal court against...
Thank you for joining us today. It is notable that we are amongst the nation's attorneys general to announce an action that has required quite a bit of...
Companies Will Also Pay $38 Million in Fines for Unauthorized Charges on Customers' Mobile Bills Today, the Bureau filed proposed orders in federal courts...
Consumers Paid $49 Million in Fees for Deceptive Mortgage Payment Program Today the Bureau filed a lawsuit in federal district court against Nationwide...
Bureau Orders Developer and Individuals to Repair Roads Today the Bureau took action against a land-development company, International Land Consultants...
Loan Officers and Former Title Company Executives Who Traded Cash and Marketing Services for Illegal Referrals Will Be Banned, Pay Redress and Penalties...
Bank Refunds $49 Million in Illegal Fees to Consumers Who Did Not Opt-In to Overdraft Today the Bureau took action against Regions Bank for charging...
Today the Bureau is taking its first enforcement action under the federal rules that protect consumers against illegal overdraft fees by their banks. We are...
By
Richard Cordray
Green Tree to Pay $48 Million in Borrower Restitution and $15 Million Fine for Servicing Failures WASHINGTON, D.C.– Today, the Bureau and the Federal Trade...
Servicemembers Unknowingly Paid Millions in Fees to Fort Knox National Company and Military Assistance Company Today the Bureau is taking action against...
Defendants Would Pay a Total of $438,000 in Redress and another $438,000 in Civil Penalties Today, the Bureau announced that, together with the Navajo...
Thank you for joining us on the call as we announce our first enforcement action taken in conjunction with a tribal government. One way we further our...
By
Richard Cordray
Bureau Orders RMK Financial to Pay $250,000 for Deceiving Borrowers with Claims of Government Affiliation Today the Bureau took action against RMK Financial...
Bureau Also Obtains a Temporary Restraining Order to Halt Illegal Operation and Freeze Assets of Operation's Leaders The Bureau announced today that it has...
Nationwide Operation Deceptively Threatened Consumers with Criminal Prosecution and Jail Time for Writing Bounced Checks Today, the Bureau announced an...
Good morning. It's a pleasure to be here with all of you. I believe that we share common goals: a strong and vibrant consumer financial services market as...
Robert F. Kennedy once said something that is apt for the work we all do: "The challenge of politics and public service is to discover what is interfering...
By
Richard Cordray
CFPB Sues Mortgage Lender for False Reverse Mortgage Ads; Orders Others to End Deceptive Advertising Today the Bureau is taking action against three...
Lender to Pay $2 Million Civil Penalty for Illegal Conduct Today, the Bureau took action against NewDay Financial, LLC for deceptive mortgage advertising...
‘Fee-Harvester' Credit Cards Misrepresented Charges, Hit Consumers With Excessive Fees Today, the Bureau ordered Continental Finance Company LLC, a subprime...
Today, the Bureau asked a federal district court to enter a consent order that would permanently ban a Texas-based company, Union Workers Credit Services...