Cash America to Refund up to $14 Million for Robo-Signing and Illegally Overcharging Servicemembers The Bureau today took its first enforcement action...
Chairman Rockefeller, Ranking Member Thune, and distinguished Members of the Committee, I'd like to thank you for the opportunity to speak with you today...
Republic Mortgage Insurance Corporation to Pay $100,000 Fine and Halt Illegal Activity The Bureau today took action against Republic Mortgage Insurance...
Chairman Johnson, Ranking Member Crapo, and Members of the Committee, thank you for inviting me to testify today about the fourth Semi-Annual Report of the...
The Bureau today filed a lawsuit in federal district court against a Kentucky law firm, Borders & Borders, PLC, and its principals, for illegally paying...
Payment Processor to Pay $1.376 Million for Aiding Illegal Practices by Debt-Settlement Companies Today, the Bureau announced an enforcement action against...
I'd like to express my gratitude to the Comptroller of the Currency, Tom Curry, for his leadership on this issue. The Bureau was created, in part, to make...
The Bureau ordered Chase Bank USA, N.A. and JPMorgan Chase Bank, N.A. to refund an estimated $309 million to more than 2.1 million customers for illegal...
The company falsely claims that it does not charge consumers upfront fees for debt-relief services and falsely represents to consumers that they will become...
The CFPB alleges that the company violated the rule with its quarterly bonus program, which paid more than 150 Castle & Cooke loan officers greater bonus...
We have determined that these two companies developed a joint program that engaged in deceptive marketing and lending practices while providing subprime...
The two companies must return about $6.5 million to servicemembers for failing to properly disclose all the fees charged to participants in the companies'...
The Bureau plans to submit a proposed consent order that, if approved by the court, would halt the company's operation, prevent the company and owner from...
The Bureau today ordered a Texas homebuilder, Paul Taylor, to surrender more than $100,000 he received in kickbacks for referring mortgage origination...
According to the CFPB complaint, the defendants, Mission Settlement Agency (Mission) and related entities and individuals, and Premier Consultant Group LLC...
Today, we are here to announce that through the joint efforts of the Consumer Bureau and the Department of Justice, we are putting an end to unfair and...
The CFPB filed complaints and proposed consent orders against four national mortgage insurance companies in order to stop these practices, which have been...
Based on our investigation, we believe that the exertion of this pressure led these mortgage insurance companies to funnel many millions of dollars to...
A Bureau investigation found evidence that the defendant, Payday Loan Debt Solution, Inc. (PLDS), routinely charged consumers upfront fees prior to settling...
In total, these operations took in more than $10 million by charging consumers for services that falsely promised to prevent foreclosures or renegotiate...
As you have heard, today's CFPB enforcement actions involve violations at three American Express entities and will return an estimated $85 million to...
This action is the result of a multi-part federal investigation which found that at every stage of the consumer experience, from marketing to enrollment to...
Today I am pleased to announce that the Federal Deposit Insurance Corporation and the Bureau are putting $200 million back into the pockets of more than 3.5...
