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WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has blown the lid off a range of unscrupulous practices in the student loan industry, releasing a scathing report that exposes companies …
CFPB Report Exposes Shocking Violations in Student Loan Market Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau’s (CFPB) 2023 annual report on residential mortgage lending highlights a sharp decline in mortgage activities and rising costs for borrowers. The report, based …
Mortgage Market Meltdown: Skyrocketing Costs Slam Borrowers as Lending Craters Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a new rule aimed at reforming overdraft practices at large financial institutions. This action targets banks and credit unions with …
CFPB Closes Overdraft Loophole, Saves Consumers Billions Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken decisive action against Performant Recovery, Inc. for engaging in unlawful practices involving student loan debt collections. Performant’s actions caused significant …
CFPB Penalizes Performant Recovery for Unlawful Debt Collection Practices Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced a new rulemaking initiative to tackle inaccurate credit reporting tied to financial abuse. This move is poised to help survivors …
CFPB Launches Rulemaking to Address Financial Abuse Through Credit Reporting Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has issued an order to establish supervisory authority over Google Payment Corp., a move reflecting the agency’s continued focus on consumer protection …
CFPB Establishes Supervisory Authority Over Google Payment Corp Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Comerica Bank, accusing it of systematically failing its 3.4 million Direct Express cardholders, most of whom are …
CFPB Files Lawsuit Against Comerica Bank for Alleged Failures in Serving Vulnerable Customers Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced the distribution of $1.8 billion to 4.3 million consumers who were charged illegal advance fees and subjected to misleading advertising …
CFPB Distributes $1.8 Billion to Consumers Harmed by Unlawful Credit Repair Practices Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced enforcement actions against Climb Credit, a private student lender, and its controlling investor, 1/0 (“One Zero”), for engaging in deceptive …
CFPB Moves Against Climb Credit Over Misleading Practices in Student Lending Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced enforcement actions against Student Loan Pro and its owner, Judith Noh, permanently barring them from offering consumer financial products or …
CFPB Bans Student Loan Pro and Owner from Offering Financial Services Read More