When we take an enforcement action against an entity or person we believe has violated the law, we will post court documents and other related materials here.
The Bureau may enforce the law by filing an action in federal district court or by initiating an administrative adjudication proceeding. Administrative proceedings are conducted by an Administrative Law Judge, who holds hearings and issues a recommended decision. Proceedings are conducted in accordance with the Rules of Practice for Adjudication Proceedings.
On February 10, 2015, the Bureau issued an order against New Day Financial, LLC (NewDay), a Maryland-based, nonbank mortgage lender owned by Chrysalis Holdings, a private company focused on originating refinance mortgage loans guaranteed by the United States Department of Veterans Affairs.
CFPB ordered Continental Finance Company LLC, a subprime credit card company based in Delaware, to refund an estimated $2.7 million to approximately 98,000...
The CFPB and the Attorneys General of North Carolina and Virginia took action today to protect military servicemembers from illegal debt collection practices.
The CFPB took action to put an end to two student “debt relief” scams that illegally tricked borrowers into paying upfront fees for federal loan benefits.
The CFPB took action to put an end to two student “debt relief” scams that illegally tricked borrowers into paying upfront fees for federal loan benefits.
CFPB took action against a "buy-here, pay-here" car dealer. DriveTime must pay $8,000,000 as a civil money penalty, end its unfair debt collection tactics...
CFPB ordered a California mortgage lender, Franklin Loan Corporation, to pay $730,000 for giving its employees illegal bonuses for steering consumers into...
CFPB took action against Michigan-based Flagstar Bank for violating the CFPB's new Mortgages rules by illegally blocking borrowers' attempts to save their...
The CFPB announced its action to halt the operations of an online payday lender, the Hydra Group, which it believes is running an illegal cash-grab scam.
CFPB took action against Global Client Solutions, a leading debt-settlement payment processor, for allegedly helping other companies to collect tens of...
CFPB took action against a servicemember fee scam run by USA Discounters, Ltd., a company that operates a chain of retail stores near military bases and...
CFPB took action against Amerisave Mortgage Corporation, its affiliate, Novo Appraisal Management Company, and the owner of both companies, Patrick Markert...
On July 22, 2014, the Bureau filed a complaint against The Mortgage Law Group, LLP (TMLG), the Consumer First Legal Group, LLC (CFLG), and attorneys Thomas Macey, Jeffrey Aleman, Jason Searns, and Harold Stafford.
The Bureau, the Federal Trade Commission (FTC), and 15 states announced a sweep against foreclosure relief scammers that used deceptive marketing tactics to...
