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Enforcement

Consumer Financial Protection Bureau (CFPB)
National

Crackdown on Reverse Mortgage Servicers: A Victory for Aging Homeowners

June 24, 2024June 24, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has brought the hammer down on a major reverse mortgage servicing operation. This decisive action follows a concerning discovery by the …

Crackdown on Reverse Mortgage Servicers: A Victory for Aging Homeowners Read More

Consumer Financial Protection Bureau Requests Information on the Impact of the CARD Act Regulations on Small Entities and the Consumer Credit Card Market
National

CFPB Seeks $3.95 Million Penalty from Freedom Mortgage for Inaccurate Data Reporting

June 24, 2024June 24, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is taking action against Freedom Mortgage Corporation, a major mortgage lender, for repeatedly submitting error-filled mortgage loan data to federal regulators. …

CFPB Seeks $3.95 Million Penalty from Freedom Mortgage for Inaccurate Data Reporting Read More
Consumer Financial Protection Bureau
National

CFPB Reaches Settlement with Couple Over Fraudulent Transfers

June 24, 2024June 24, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken significant steps to hold James R. Carnes and Melissa C. Carnes accountable for their attempt to avoid paying restitution …

CFPB Reaches Settlement with Couple Over Fraudulent Transfers Read More

Consumer Financial Protection Bureau Requests Information on the Impact of the CARD Act Regulations on Small Entities and the Consumer Credit Card Market
National

New CFPB Rule Targets Corporate Misconduct, Establishes Registry for Offenders

June 9, 2024June 9, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a rule to create a registry aimed at detecting and deterring corporate offenders who violate consumer laws. This new …

New CFPB Rule Targets Corporate Misconduct, Establishes Registry for Offenders Read More
Consumer Financial Protection Bureau (CFPB)
National

Student Loan Giant PHEAA Sued by CFPB for Harmful Practices: An Unraveling Saga

June 3, 2024June 2, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has made news by suing student loan service provider Pennsylvania Higher Education Assistance Agency (PHEAA), operating as American Education Services (AES). …

Student Loan Giant PHEAA Sued by CFPB for Harmful Practices: An Unraveling Saga Read More

Consumer Financial Protection Bureau (CFPB)
National

SoLo Funds Under Fire: CFPB Sues Fintech Giant for Deceptive Loan Tactics

May 20, 2024May 19, 2024 - by Maryann Pugh

WASHINGTON, D.C. — Imagine for a moment that you’ve borrowed money under the premise of zero-interested loans, only to be tricked into paying hidden fees disguised as “tips” or “donations”. …

SoLo Funds Under Fire: CFPB Sues Fintech Giant for Deceptive Loan Tactics Read More
Funds
National

CFPB Distributes $384 Million to Consumers Deceived by Think Finance

May 19, 2024May 19, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has announced the distribution of over $384 million to approximately 191,000 consumers harmed by Think Finance, a Texas-based online lender. This …

CFPB Distributes $384 Million to Consumers Deceived by Think Finance Read More

United States Capitol
Government / National

New Legislation Aims to Strengthen U.S. Trade Enforcement and Protect Supply Chains

April 23, 2024April 23, 2024 - by Maryann Pugh

WASHINGTON, D.C. — To bolster the United States’ ability to enforce its trade laws and protect American supply chains from external threats, U.S. Senator Bob Casey (D-PA) has introduced the …

New Legislation Aims to Strengthen U.S. Trade Enforcement and Protect Supply Chains Read More
Aggressive Drivers
News

Southeastern Pennsylvania Police Ramp Up Efforts to Curb Aggressive Driving

March 19, 2024March 19, 2024 - by Maryann Pugh

KING OF PRUSSIA, PA — The Pennsylvania Department of Transportation (PennDOT) has announced a collaborative enforcement initiative aimed at reducing aggressive driving incidents across southeastern Pennsylvania. This robust campaign, involving …

Southeastern Pennsylvania Police Ramp Up Efforts to Curb Aggressive Driving Read More
corruption
National

CFPB and State Attorneys General Launch Legal Offensive Against Unscrupulous Debt-Relief Company

January 21, 2024January 20, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) and a coalition of seven state attorneys general have found themselves unified in a common cause: taking a prominent debt-relief company …

CFPB and State Attorneys General Launch Legal Offensive Against Unscrupulous Debt-Relief Company Read More

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